Bank Of Baku

Azerbaijan collects more than AZN 9 mln on compulsory car insurance in April

Azerbaijan collects more than AZN 9 mln on compulsory car insurance in April
# 02 May 2012 12:15 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. In April, 2012, Compulsory Insurance Bureau’s 11 participants collected AZN 9.037 mln on compulsory car insurance, up 52% from March, 2012.

Along with this, 123,043 contracts were signed on compulsory insurance of civil responsibility of vehicle owners and 18,836 of these were signed for a month and related with cars registered in abroad and imported to Azerbaijan via transit.

Note that, the Bureau has been in operation since end of last year.
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