Firdovsi Agashirinov says about many complaints about non-payment of insurance compensations

There are complaints about the lack of insurance payments, but most of them are unfounded

Work is underway on a mechanism of microinsurance systems

The collection of premiums in the insurance sector has improved after the establishment of the Financial Market Supervisory Authority

Form 4 to be given in e-form

If a car is damaged in the amount of AZN 1,000, there is no a need to receive Form 4 from the State Traffic Police

Rashad Ahmedov: even if a house is damaged several times a year, payment to be made only once

In case a car gets in several traffic accidents during the year, insurance companies pay all compensations. But this takes place only with car insurance

Car insurance in Azerbaijan automated fully

Automobiles are insured almost by 100% in Azerbaijan

What do we know about equity insurance?

A range of paragraphs of the general provisions of the Law on Insurance touch the question of equity insurance

Central Bank selects insurer

The Central Bank of Azerbaijan has announced a tender procedure for the selection of an insurance company

Expert: We should toughen fines in case of uninsured real estate

One of the most important types of insurance in the world is real estate insurance

Insurance compensation is paid on basis of insured event act

Insurance payment is carried out by the insurer in accordance with the contract or on the basis of the application of the policyholder and the Act on the Insured Event

In what cases insurance contract is considered invalid?

The general provisions of the Law on Insurance contain a range of paragraphs on invalidation of the insurance contract.

Two new insurance companies registered

Two more insurance companies have been registered in Azerbaijan

In what cases should insurers keep records?

The general provisions of the Law on Insurance of Insurers & Brokers contain a number of paragraphs

In what cases insurers may begin operations?

Insurers and insurance brokers may commence operations after obtaining special consent for the relevant types of insurance

Baku to host next International Insurance Forum

The 9th Azerbaijan International Insurance Forum will be organized in Baku on 28 June

Expert: Red tape and problems with payments are still ongoing

List of requirements for CEOs of insurance companies published

Some requirements are imposed on CEOs of insurance companies of Azerbaijan

Prohibitions in field of insurance – LIST

Expert: Types of insurance to develop in near future

The insurance market in Azerbaijan is dynamic and is developing in an upward direction

AZN 67 million of insurance compensations paid for Jan-Apr 2019

Over Jan-Apr 2019 the total premiums of insurers in Azerbaijan amounted to AZN 265.3 million and compensation payments AZN 66.7 million

Three insurers passed certification

The Financial Market Supervision Authority informs that certification of candidates for policy-making positions in the insurance company and individuals who applied for insurance mediator license and actuarial certificate has been conducted

Ateshgah gathered AZN 20 million of insurance premiums for Q1 of 2019

Insurance group Ateshgah has presented its financial statements for the 1st quarter of 2019