Baku. Musa Ahmadov – APA-Economics. In January-May, market of voluntary insurance of motor vehicles decreased by 34% in Azerbaijan, said the chairman of Azerbaijan Insurers Association Orkhan Bayramov.
According to him, premiums on casco insurance dropped 34% to
Premiums from compulsory insurance on civil liabilities of vehicle owners fell 8% to
Bayramov said decline of casco insurance was caused by decrease of car loans.