Insurer AzSigorta lost AZN 12 million on compulsory motor insurance

Azerbaijani insurance company AzSigorta has suspended cooperation with agents within the framework of compulsory automobile insurance.

44 manats of paid compensations account for every 100 manats of premiums in Azerbaijan

Over Jan-Oct of the year Azerbaijani insurance companies gathered premiums for AZN 462.65 million.

Financial Market Supervision Chamber: decision on distribution of liabilities of Bashak Inam Sigorta not made

Obligations of liquidated Azerbaijani insurance company Basak Inam Sigorta will not be transferred to another company.

One more employee of AzSigorta transfers to Standard Insurance

Structural changes are ongoing in Azerbaijan's insurance company AzSigorta

AzSığorta’s employee transfers to Standard Insurance’s Board

Azerbaijani insurance company AzSığorta is conducting structural changes.

Atəşgah Sığorta outlines directions of investment policy

Insurance company Atəşgah Sığorta has announced its investment policy.

AtaSığorta unveils cause of its sales growth

Over Jan-Oct of the year AtaSığorta’s insurance and reinsurance premiums amounted to AZN 11.1 million that exceeds the index for the 2016 same term.

Azerbaijan registered decline in compulsory real estate insurance by 42%

Compulsory property insurance has decreased much in Azerbaijan.

2,954 Green Card policy contracts signed for AZN 192,183 in Azerbaijan for October

Over the past month Azerbaijan registered 2,954 Green Card policy contracts.

Compulsory car insurance in Azerbaijan has grown by 21% for the year

Over the past month the Compulsory Insurers Bureau registered 96,040 e-insurance agreements on mandatory insurance of car owner liability.

Azerbaijani insurer lost its taxpayer number VÖEN

Azerbaijani insurance company Revan Sigorta announced the loss of the certificate of taxpayer identification number (TIN or VÖEN).

Era of red tape in compulsory insurance of motor vehicles ended in Azerbaijan

The Compulsory Insurers Bureau (CIB) of Azerbaijan has declared that validity of last paper policies on compulsory insurance of vehicle owners' civil liability has expired.

Compulsory insurance market in Azerbaijan has reduced

Over Jan-Sept 2017 country's 22 insurance companies collected AZN 414.35 million and paid AZN 188.58 million

Azerbaijani insurers collected AZN 414.3 million of premiums and paid AZN 188.5 million of compensations for past 3 quarters

The Financial Market Supervision Chamber reported that over Jan-Sept of the year 22 insurance companies, operating in the country, gathered AZN 414.35 million and paid AZN 188.58 million of compensations.

Azerbaijan improves legislative base relating to agricultural insurance

A final discussion of a draft law to improve the Azerbaijani legislation in the field of agricultural insurance has been conducted.

Atəşgah Həyat compensated for death and disability of insured workers for AZN 211,134

Azerbaijani insurer Atəşgah Həyat carried out a large payment on compulsory insurance against accidents in the workplace.

Insurer AZSIĞORTA’s shareholders to hold an extraordinary meeting

The shareholders of Azerbaijani insurance company AZSIĞORTA will conduct an extraordinary meeting.

Liquidation of insurance agency Atəşgah not to affect activity of companies Atəşgah and Atəşgah Həyat

Insurance group Atəşgah denies the information on liquidation of activity of the group.

Compulsory car insurance in Azerbaijan grew by 24% this year

In September, the Compulsory Insurers Bureau registered 86,186 e-insurance agreements on mandatory insurance of motor vehicle owner’s liability.

Insurance company Qala Heyat appeals to its partners

Azerbaijan's life insurance company Qala Həyat has applied to its partners.

New campaign by PASHA Insurance: Buy voluntary motor insurance, get baby seat for free!

Considering safety and comfort of children, PASHA Insurance has started new campaign named “Buy CASCO policy, get Baby Seat for free!”.