Bank Of Baku

Azerbaijan sees 4% decline in number of vehicles involved in compulsory insurance

Azerbaijan sees 4% decline in number of vehicles involved in compulsory insurance
# 03 March 2014 11:29 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. In February, 2014, 48,364 vehicles were involved in compulsory insurance. 

 

According to Compulsory Insurance Bureau, up to 15,200 vehicles were registered in the foreign countries and imported to Azerbaijan for transit.

 

Insurance premiums from compulsory insurance contracts exceeded AZB 3.7 mln, down 3.5% by contrast to a year earlier.

 

Average insurance premium in February made AZN 77.3. 

 

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