Baku. Musa Ahmadov - APA-Economics. In January 2016, over 5,253 insurance contracts were signed on real estate compulsory insurance, down 22.6% compared to a year earlier.
According to Compulsory Insurance Bureau, premiums from this type of insurance amounted to AZN 5.7 mln, up 38% from previous year. 55.4% of contracts were signed on residential houses and apartments, 0.5% on administrative buildings, 44.1% on other real estates.
Moreover, in January 2016, 581 contracts were signed on compulsory insurance of civil liability related to exploitation of real estate, 6 contracts on compulsory personal accident insurance of passengers. Premiums from these types of insurance relevantly amounted to AZN 38,400 and 5,922.
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