Bank Of Baku

Premiums from real estate compulsory insurance in 2015 reached AZN 25 mln

Premiums from real estate compulsory insurance in 2015 reached AZN 25 mln
# 05 January 2016 11:01 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In 2015, over 108,444 insurance contracts were signed on real estate compulsory insurance, down 29% in annual comparison.

 

According to Compulsory Insurance Bureau, premiums from this type of insurance amounted to AZN 24.8 mln, up 56% from previous year. 72.68% of contracts were signed on residential houses and apartments, 0.76% on administrative buildings, 26.56% on other real estates.

 

 

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