In August 2017, 9,326 insurance contracts were signed on real estate compulsory insurance, down 47% in comparison with a year ago.
According to Compulsory Insurance Bureau (CIB), premiums from this type of insurance made up AZN 2,080,459, up 2% from previous year. 7,360 of contracts were signed on residential houses and apartments, 29 on administrative buildings, 1,937 on other real estates.
In August 321 contracts were signed on compulsory insurance of civil liability on exploitation of real estate and 4 on compulsory personal accident insurance of passengers.