Nearly 680,000 vehicle owners compulsorily insured civil liability since early 2015 in Azerbaijan

Nearly 680,000 vehicle owners compulsorily insured civil liability since early 2015 in Azerbaijan
# 02 September 2015 09:19 (UTC +04:00)

Baku. Yegane Lachinzade – APA-Economics. In January-August 2015, compulsory Insurance Bureau (CIB) registered 679,556 contracts on compulsory insurance of civil liabilities of vehicle owners.

CIB says 120,821 of these cars were registered in the foreign country and entered in Azerbaijan for transit.

Insurance premiums on these contracts made about AZN 53 mln.

Number of contracts rose 11%, premiums – 16%.

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