As of the end of 2024, there were 16 insurance companies in Azerbaijan. This was reported on the website of the Central Bank of Azerbaijan (CBA). According to the information, this is down by 2 units from the end of 2023. Last year, President Ilham Aliyev signed a decree on the liquidation of the state insurance commercial company “Azersygorta”. Since 2022, most of this company’ powers were transferred to the State S...

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