Azerbaijan sees rise in compulsory insurance of automobiles

Azerbaijan sees rise in compulsory insurance of automobiles
# 23 May 2018 12:02 (UTC +04:00)

In January-April 2018, insurance premiums on compulsory insurance of civil liability of vehicle owners amounted to AZN 26,718,700, up AZN 8,419,600 or 46.01% in comparison to a year earlier, Compulsory Insurance Bureau of Azerbaijan (CIB) said.

Payments on compulsory insurance of civil liability of vehicle owners amounted to AZN 15,996,700, up AZN 4,429,200 or 38.29% in comparison to a year earlier

Premiums on compulsory personal accident insurance stood at AZN 69.5 million, up AZN 36.8 million or 2.1-fold from previous year.

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