Expert's statement about difficulties with compulsory car insurance

Expert’s interesting approach: This is main problem of insurance market

The biggest problem in the insurance market as a whole is unreliability, expert Oruj Ibragimov stated to ABC.AZ, when commenting on the stagnation in the insurance market.

Insurance companies with the lowest level of service — List

The "complaints index" on compulsory civil liability insurance of motor vehicle owners became known in May, ABC.AZ reports with reference to the Central Bank.

Expert: Cancellation of Compulsory Insurance Bureau may have huge resonance in our country

New assignment at Meqa Həyat Sığorta

The new appointment in the management of Meqa Həyat Sığorta has taken place.

Licenses of 2 insurance mediators cancelled in Azerbaijan

Compulsory Insurance Bureau is being liquidated – MPs held a discussion

The Compulsory Insurance Bureau may be liquidated by a special law.

Ombudsman insured for 180,000 manats in Azerbaijan

The ombudsman will be insured without fail in the amount of a 5-year official salary.

New appointment at Xalq Sığorta management

Insurers earned AZN 14 million in Azerbaijan

The expenses of insurance and reinsurance companies of Azerbaijan for conducting business for Jan-Mar 2023 amounted to AZN 61.675 million

Is Compulsory Insurance Bureau being liquidated?

The Compulsory Insurance Bureau may be liquidated by a special law.

New chairman of PAŞA Sığorta Board of Directors appointed

The chairman of the Board of Directors of PAŞA Sığorta has been replaced.

Central Bank chairman: Shortcomings in activities of insurance agents should be eliminated

The transition to a funded system in connection with compulsory car insurance in Azerbaijan is not expected in the near future.

New system comes into force today: who will issue a fine?

From June 1, that is, from today, citizens who have not insured their homes will be fined.

CBA chairman meets with insurance agents

A meeting with current insurance agents has been held at the Central Bank of Azerbaijan (CBA).

Insurance companies with this year’s decreased premiums

Following Jan-Apr 2023, out of 20 insurance companies in Azerbaijan, the premiums of 16 insurers increased and the premiums of four ones decreased against Jan-Apr 2022

Insurance companies with increased payments this year

It would be advisable to set lower tariffs - MP spoke about insurance

There were discontent about compulsory real estate insurance. Some experts believe that this is contrary to the law.

Insurance companies that ended last year with losses

Out of the 20 insurance companies operating in Azerbaijan, seven insurers finished last year with losses.

Insurers with decreasing net profit

Out of the 20 insurance companies operating in Azerbaijan, four insurers 4 had low (net) profit last year compared with the previous year.

Xalq Sığorta suffered losses of AZN 3 million for past 4 months

Azerbaijani insurance company Xalq Sığorta has published the report on premiums and compensation payments for Jan-Apr 2023.