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Compulsory automobile insurance increases 23%


In August 2017, 114,555 contracts were registered on compulsory insurance against civil liabilities of vehicle owners in Azerbaijan, up 23% from previous year.

 

According to CIB, of this, 17,903 were registered abroad and entered Azerbaijan for transit.

 

During the same period, the premiums on these contracts amounted to AZN 8,833,587, up 20% in comparison with a year earlier. 

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