11:38 - 7.01.2025

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January 7, Fineko/abc.az. Azerbaijan recorded an increase on premiums and payments of compulsory civil liability insurance of motor vehicle owners.

ABC.AZ informs, with reference to the Central Bank, that for Jan-Nov 2024, the premiums on this type of insurance amounted to 154.173 million manats (6.379 million manats, or 4% more against Jan-Nov 2023 - 147.79 million manats).

During this period, compensation payments on this type of insurance reached 118.383 million manats (28.383 million manats or 32% more than a year earlier - 89.637 million manats).