Districts with highest rate of mandatory health insurance services

This company is allowed some types of insurance

Supervisory authority has issued a permit to Bakı Sığorta for some types of compulsory property insurance and mandatory insurance of vehicle owner’s civil liability

A-Qroup shareholders to discuss last year`s results

The A-Qroup`s shareholders are to gather for an extraordinary meeting on 19 February 2021, reports ABC.AZ

Central Bank chose two insurers

The Central Bank of Azerbaijan has completed an open tender procedure for insurance of fixed assets, cash and transport vehicles

Licenses of two more insurers revoked

The licenses of two more insurance companies have been revoked in accord with the relevant decision of the Board of the Central Bank of Azerbaijan

Insurance company announced its liquidation

Insurance Company AXA MBASK announced about its liquidation

Reinsurance company to hold a meeting of shareholders

Compensations and premiums on this type of insurance increased

The insurance premiums on voluntary insurance of motor vehicles for Jan-Nov 2020 were gathered at the level of AZN 34.447 million

Mandatory insurance of car owners decreased on 2 indicators

The Central Bank has released monthly statistics on insurance indicators

Insurance companies` premiums have grown

Collection of compulsory health insurance contributions begins

Since 1 January 2021 in accordance with the Law on Medical Insurance the collection of mandatory medical insurance contributions from employees of the state and oil sectors, non-state and non-oil sectors, individuals performing works (services) on the basis of civil contracts, and individuals engaged in entrepreneurial activities will begin.

Azerbaijan Industrial Insurance to pay dividends to shareholders

Azerbaijan Industrial Insurance is to gather its shareholders for an extraordinary general meeting on 25 January 2021

Mandatory health insurance to be introduced in 7 districts and cities in April

Mandatory health insurance to be introduced in Khankendi, Khojali and Shusha

Since January 2021 Azerbaijan is planning to introduce mandatory health insurance in 36 cities and districts of the country, that is, throughout the country

Mandatory health insurance services exempted from VAT for 2 years

The medical insurance services at the expense of the Mandatory Medical Insurance Fund are exempted from VAT by one more year