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Compulsory personal accident insurance of passengers reduced in Azerbaijan

Last year, number of insurance contracts concluded in this area decreased by 24%, while revenues by 12%

Baku. 9 January. REPORT.AZ/ Last year 422 compulsory insurance contracts signed on compulsory personal accident insurance of passengers in Azebaijan. The amount of the premiums received on contracts made 135 967 manats.

Report informs referring to the Bureau of compulsory insurance, the number of insurance contracts decreased by 23,8% and the amount of insurance premiums by 12,4%.

During the reporting period, 300 contracts signed on compulsory personal accident insurance accounted for cars, 45 ships, 77 air transport and 54 504 manats of insurance premiums collected on insurance contracts accounted for cars, 13 045 manats for ships and 68 418 manats accounted for air transport.

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