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Azerbaijan's Insurance Bureau reveals substantial compensation payments in 2024

Economy Materials 23 January 2025 19:28 (UTC +04:00)
Azerbaijan's Insurance Bureau reveals substantial compensation payments in 2024
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, January 23. The Azerbaijan Compulsory Insurance Bureau provided compensation for 339 traffic accidents involving 320 uninsured and 19 unidentified vehicles in 2024, the Bureau said in a statement to Trend.

As per the obtained data, compensation payments were made for injuries of varying severity sustained by 252 individuals, amounting to 327,925 manat ($192,899). Additionally, 41,000 manat ($24,101) were allocated for injuries leading to full or partial disability for 16 people, while 597,634 manat ($351,317) were paid out in cases of fatalities, affecting 135 individuals.

In total, 403 people received compensation payments, amounting to 966,559 manat ($568,470).

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