Voluntary insurance market in Azerbaijan is 4 times bigger than compulsory insurance market
Finance
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The Central Bank of Azerbaijan has announced a review of insurance on the results of January-October 2024.
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The Board of the Central Bank of Azerbaijan has approved ‘Rules of prudential regulation of activity of non-bank credit organisations’.
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In 2025 the revenues and expenditures of the Mandatory Health Insurance Fund will make up about AZN 3 billion.
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In 2025, President Ilham Aliyev's Reserve Fund will again remain unchanged and will be AZN 300 million. This is stated in the draft law ‘On State Budget for 2025’.
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