Interest in real estate compulsory insurance declines

# 13:44
3 October 2017

In September 2017, 11,461 insurance contracts were signed on real estate compulsory insurance, down 37% in comparison with a year ago.


According to Compulsory Insurance Bureau (CIB), premiums from this type of insurance made up AZN 2,488,303, up 112% from previous year. 9,463 of contracts were signed on residential houses and apartments, 15 on administrative buildings, 1,983 on other real estates.


In September 136 contracts were signed on compulsory insurance of civil liability on exploitation of real estate (premiums – AZN 10,590) and 51 on compulsory personal accident insurance of passengers (premiums – AZN 13,859).