Azerbaijan to introduce natural disaster risk model

12:48 - 24.06.2026


June 24, Fineko/abc.az. For the first time, a model of risks associated with natural disasters has been developed in Azerbaijan, and it will be put into operation in the near future.

ABC.AZ informs that Seymur Mirzaev, deputy executive director of the Bureau of Compulsory Insurance, made this statement during his speech at the 11th Azerbaijan International Insurance Forum.

He noted that additional projects are currently being worked on: "As an example, we can mention the Open Insure Data and Insure Bus Gateway projects. These projects serve to make more informed decisions and optimize the operations of insurance companies."

By Elmir Muradov