Bank Of Baku

Azerbaijan sees 34% decline in market of voluntary insurance of motor vehicle

Azerbaijan sees 34% decline in market of voluntary insurance of motor vehicle
# 17 June 2014 08:45 (UTC +04:00)

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 AZN 14.4 mln.

 

Premiums from compulsory insurance on civil liabilities of vehicle owners fell 8% to AZN 25.2 mln.

 

Bayramov said decline of casco insurance was caused by decrease of car loans.

 

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED