Azerbaijan to revise calculation of this insurance premium

12:05 - 28 December 2022

December 28, Fineko/ The calculation of insurance premiums and risks associated with real estate insurance will be revised in Azerbaijan, ABC.AZ reports, quoting CBA’s general director Ziya Aliyev.

"We are working over new approaches to real estate insurance, based on foreign and our experience over the 10 years since the introduction of real estate insurance, in relation to the risks guaranteed in real estate insurance, their correct regulation, calculation of insurance premiums. We are also working over reforms in this area," Aliyev emphasized.