About 141,000 real properties compulsorily insured in 2016

About 141,000 real properties compulsorily insured in 2016
# 06 January 2017 09:42 (UTC +04:00)

In 2016, 140,848 insurance contracts were signed on real estate compulsory insurance, up 30% from previous year.

According to Compulsory Insurance Bureau (CIB), amount of insurance premiums from real estate compulsory insurance made up about AZN 25.2 million, up 1.5% in comparison with 2015.

80.78% of contracts on real estate compulsory insurance related to residential houses and apartments, 0.30% to administrative buildings, 149.92% to other real estates.

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