Azerbaijan sees 10% growth in premiums from compulsory vehicle insurance

Azerbaijan sees 10% growth in premiums from compulsory vehicle insurance
# 01 June 2016 10:11 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In May 2016, 100,067 contracts were registered on compulsory insurance against civil liabilities of vehicle owners in Azerbaijan, up 6.9% from previous year.

According to CIB, of this, 11,221 were registered abroad and entered Azerbaijan for transit..

During the same period, the premiums on these contracts amounted to AZN 7.5 mln, up 9.9% in comparison to a year earlier.

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