Azerbaijan sees 60% rise in compulsory insurance of automobiles

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# 08:20
6 July 2017

In June 2017, 113,148 contracts on compulsory insurance of civil liability of vehicle owners were registered in Azerbaijan, up 58% from previous year, Compulsory Insurance Bureau of Azerbaijan (CIB) said.

 

CIB says 14,797 of these cars were registered in the foreign country and entered in Azerbaijan for transit.

 

Insurance premiums on these contracts made up AZN 10,922,647, up 63% in comparison with a year earlier.

 

 

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