Azerbaijan sees 3% decline in premiums from compulsory vehicle insurance

Azerbaijan sees 3% decline in premiums from compulsory vehicle insurance
# 03 May 2017 09:41 (UTC +04:00)

In April 2017, 107,989 contracts were registered on compulsory insurance against civil liabilities of vehicle owners in Azerbaijan, up 0.69% from previous year.

According to Compulsory Insurance Bureau, of this, 10,770 were registered abroad and entered Azerbaijan for transit..

During the same period, the premiums on these contracts amounted to AZN 7,979,730 million, down 2.83% in comparison to a year earlier.

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