President Ilham Aliyev liquidated "Azərsığorta" joint stock company by his decree of 31 January. Although the elimination of the state-owned insurer from the market occurred in 2024, the roots of its closure go back to 3 years ago. On May 18, 2021 the head of state signed a decree "On Some Measures to Improve Management in the State Compulsory Personal Insurance", which from 1 January 2022 transfers the authority to insu...

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