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Baku, Fineko/abc.az. In half of the year Azerbaijani insurance companies- members of Compulsory Insurance Bureau awarded over 426.000 policies for AZN 32.646 million.
The Bureau reported that for the period of its activity ( from December 2011 to 1 June 2012) the companies collected only AZN 32.645 million.
" Most part of fees or 91% ( AZN 29.22 million) was formed through vehicle owners’ civil liability insurance, 8%- real property insurance ( AZN 3.072 million), 1%- civil liability insurance in real property exploitation( AZN 301.017) , only AZN 52.052 through passenger insurance ",- the Bureau said. Payments for passenger insurance were made only in May.
As of 1 June investment portfolio of the Bureau totaled AZN 6.4 million with average annual yield 8%, and guarantee deposits were brought to AZN 4.6 million.
09.07.2012 15:39
- Only 23% of Azerbaijan’s insurance market formed at the line of Compulsory Insurance Bureau
- 24% of Azerbaijan’s insurance market formed at the line of Compulsory Insurance Bureau
- International Insurance Company is a real participant of independent insurance market’s leading top 5 - State Insurance Supervision Service’s data
- Premiums on compulsory insurance of vehicle owners’ civil liability exceeded AZN 41 million
- AXA MBASK became the first in Azerbaijan to pay compensation of damage to third parties on compulsory vehicle insurance
- State Insurance Supervision and Compulsory Insurance Bureau activated propaganda of compensations for car damage
- International Insurance Company applied for compulsory insurance permission in Azerbaijan
- Meqa Sigorta conducted payment for AZN 5.000
- AtaSigorta expanded branch network for another 6 cities and regions
- Thames Insurance Company applied to Tax Ministry of Azerbaijan for reregistration
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