The Compulsory Insurance Bureau has been established within the law on compulsory types of insurance. This law began to be used by the insurance companies on December 16, 2011. The law regulates the compulsory liability insurance of vehicle owners, compulsory insurance of real estate, compulsory liability insurance for the operation of real estate and the compulsory insurance of passengers.
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AZERBAIJAN: Almost half million agreements on compulsory types of insurance signed in first six month of 2013