Bank Of Baku

Azerbaijan-based insurers increase payment for compulsory insurance of civil liability of vehicle owners

Azerbaijan-based insurers increase payment for compulsory insurance of civil liability of vehicle owners
# 01 November 2016 08:48 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In October 2016 AZN 2.2 million (+50% from previous year) was paid for compulsory insurance of civil liability of vehicle owners on 1,730 insurance claims.

 

According to Compulsory Insurance Bureau (CIB), total of payment on damage to vehicle amounted to AZN 1,246.

 

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