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Azerbaijan more than triples insurance premiums for sale of green cards to Georgia and Kazakhstan
Finance
- 19 February, 2024
- 11:40
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Last year, 57,347 insurance contracts were formalized within the framework of the Green Card System, and 10.13 million manats ($5.95 million) in insurance premiums were collected for those contracts, Report informs, citing the Compulsory Insurance Bureau.
This is 2.6 times and 3.4 times more than in 2022, respectively.
The sale of "Green Cards" to vehicles registered in Georgia and Kazakhstan since January 1 last year played a major role in the sharp increase.
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