Azerbaijan sees sharp rise in payments on property insurance against fire and other risks

Economic Department
Post's author

In January-June 2019, Azerbaijan-based insurers collected AZN 21,055,600 of premiums from property insurance against fire and other risks, down 34% from previous year, Report informs citing the Financial Markets Supervisory Authority (FIMSA).

Payments on property insurance against fire and other risks in the reporting period amounted to AZN 1,239,000, up 2.6-fold from a year earlier.

Latest news

Armenian Security Council secretary to visit Czech Republic, Germany 11 October, 2024 / 18:20
US values Azerbaijan's presidency of COP29, says John Podesta 11 October, 2024 / 18:16
ADB to support preparation of "Green Energy Corridor" project across Caspian Sea 11 October, 2024 / 18:12
Azerbaijan’s initiatives on ‘Climate and Peace Connection’ earn support at Pre-COP 11 October, 2024 / 18:01
Azerbaijani court extends arrest of Armenian separatist leaders 11 October, 2024 / 17:57
Kyrgyz official: Azerbaijan's initiatives within COP29 framework are very important 11 October, 2024 / 17:50
AZAL launches carbon footprint offset program for passengers 11 October, 2024 / 17:41
EU Commissioner: Looking forward to COP29 in Azerbaijan, much work ahead 11 October, 2024 / 17:23
EY celebrates 30 years in Azerbaijan, strengthening partnerships for growth and development 11 October, 2024 / 17:10
Azerbaijani parliament speaker meets with her Uzbek counterpart 11 October, 2024 / 17:05
Mukhtar Babayev meets with French energy minister at pre-COP29 conference 11 October, 2024 / 16:59
Francesco Corvaro: Steps should be taken to eliminate degradation in Africa 11 October, 2024 / 16:36
Azerbaijan's renewable surface freshwater resources dropped by 24% over past 23 years 11 October, 2024 / 16:35
UNICEF rep: Climate change negatively affects children's learning ability 11 October, 2024 / 16:34
WB: Reconstruction of Yenikend-Bilasuvar highway in Azerbaijan nearing completion 11 October, 2024 / 16:33