#insurance
Latest news and interesting information about insurance.
Insurance Payments Now Based on Work Capacity Loss
Azerbaijan changes insurance payment rules: compensation based on loss of professional work capacity rather than disability. Draft law discussed in parliament.
Ruslan Abdullayev leaves state agency
Ruslan Abdullayev, head of International Relations Department at State Agency for Compulsory Health Insurance, has resigned. He was a protégé of Zaur Aliyev.
Compulsory Insurance Bureau starts at Baku ASAN service center No.2
Compulsory Insurance Bureau starts operating at Baku ASAN service center No.2. New service window for citizen appeals.
New insurance rule takes effect
Insurance registration now uses only the FIN number. Social security number requirement abolished. New rule takes effect today.
Database for Insurance of Karabakh Projects Being Created
A database is being created for insurance of projects in Azerbaijan's liberated territories of Karabakh. Ahmet Yaşar, Chairman of the Turkish Insurance Association, made the announcement.
Health Insurance Agency Charter Approved
The Charter of the State Medical Insurance and Expertise Agency was approved by President Ilham Aliyev's decree. Read more on Bond.az.
Insurance market in Azerbaijan grows 17%
Azerbaijan's insurance market grew 17% in five years. Abas Miskərli at AIIF 2026 said the market expanded 11% in 2025, and insurance penetration reached 1.63% of GDP.
Trump's Ultimatum to Iran: Negotiations at Risk
US President Donald Trump issues ultimatum to Iran: if tolls are charged in the Strait of Hormuz, negotiations will be halted.
Changes in compulsory insurance types expected
Central Bank of Azerbaijan announces changes in compulsory insurance types. Motor insurance limit remains at 5 million manats with automatic restoration.
1200 ships stuck in Persian Gulf shipping crisis
Over 1,200 ships are stuck in the Persian Gulf due to a shipping crisis in the Strait of Hormuz. Learn about the energy security implications.
New support mechanisms in cotton growing
President's assistant Zeynal Naghdaliyev announces new support mechanisms, insurance, and processing industry development in cotton growing.
Insurance assets exceed 2 billion manat
Azerbaijan insurance sector assets reach 2.1 billion manat, capital requirements doubled.
Worker dies at Teymuroglu Construction site
Teymuroglu Construction fined after worker dies in accident at Baku construction site. Court imposes 5,000 manat penalty.
Rana Mammadova appointed advisor at TABIB
Rana Mammadova appointed advisor to TABIB Executive Director. She holds a PhD in Medicine.
R&D costs 250% tax deductible
Azerbaijan introduces 250% tax deduction for R&D costs, boosting innovation. Learn about eligible expenses and beneficiaries.
937M manat paid in pensions and benefits in 5 months
In the first five months of this year, Azerbaijan paid 937 million manat in benefits and presidential pensions, with increases compared to last year.
Medical Workers' Professional Day Celebrated
June 17 is Medical Workers' Professional Day in Azerbaijan. Information about the history, development, and heroism of healthcare workers.
Official fined 5,000 manats
Ali Jafarov, head of the Central Botanical Garden, fined 5,000 manats for violating mandatory insurance rules for workplace accidents.
How to avoid problems with casco insurance?
What to do to avoid problems with casco insurance? Experts advise: clarify the deductible, market value, and contract terms with the agent.
Zardab Hospital Fake Referral Probe
Investigation launched into Zardab Hospital over 240+ fake referrals and health insurance fraud allegations.
Minister: Use of VAT account funds to be expanded
Minister of Economy Mikayil Jabbarov announced the expansion of using VAT account funds for social insurance payments and other state obligations.
Araz Nasirov leaves his post at TABIB
Araz Nasirov, deputy executive director of TABIB, resigned from his post voluntarily. He had been in the role since 2022.
Car insurance rules change
Starting June 21, the rules for calculating car insurance premiums are changing. New rules will apply a insurance history coefficient.
When Can Insurance Deny Payment?
Learn when insurance can deny payment and how road infrastructure affects insurance claims.
Berkshire buys homebuilder Taylor Morrison
Berkshire Hathaway acquires Taylor Morrison for $6.8B cash. The deal includes a 24% premium and is expected to close in 2026.
Saudi Arabia stocks rise at close
Saudi Arabia's Tadawul All Share index rose 0.46% driven by hotels, tourism, and insurance sectors. Top gainers included Saudi Industrial Development Co. and Kingdom Holding.
CrowdStrike stock hits all-time high at 729.69 USD
CrowdStrike stock hits all-time high at 729.69 USD, market cap $185.22B. Analyst updates and company news. Read more on Bond.az.
Baku warehouse shut for fire safety violations
Baku warehouse shut for fire safety violations. Inspection revealed lack of alarm, extinguishers, and blocked evacuation routes.
CNA Financial stock hits 52-week low at 42.46 USD
CNA Financial stock hits 52-week low at 42.46 USD. Stock down 10.69% but offers 9.16% dividend yield. Bond.az analysis shows undervaluation.
TA 35 index drops 1.02% at close
TA 35 index fell 1.02% amid losses in financial, insurance and banking sectors. Next Vision and Elbit Systems were top gainers.
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