Azerbaijan collects AZN 16 mln from compulsory real estate insurance

Azerbaijan collects AZN 16 mln from compulsory real estate insurance
# 07 January 2015 09:14 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In 2014, 152,111 contracts were signed on compulsory real estate insurance.

According to Compulsory Insurance Bureau, insurance premiums on those contracts amounted to AZN 16 mln.

Compared to 2013, number of contracts rose 36.05%, insurance premiums – 23.81%.

80.38% of contracts were related to residential houses and apartments, 0.31% - to administrative buildings, 19.31% - to other real estates.

#
#

THE OPERATION IS BEING PERFORMED