Regulatory Alerts2026-01-30
Approval of Certificate Form for Insured Events Under Compulsory Motor Vehicle Owners' Civil Liability Insurance
The Board of the Ministry of Finance of Azerbaijan has approved a standardized certificate form to document cases qualifying as insured events under compulsory motor vehicle owners' civil liability insurance. This resolution supersedes the March 2012 directive and mandates State Traffic Police authorities to issue detailed certificates specifying at-fault drivers, victims, vehicle registration, and the nature of health or property damage. Furthermore, it directs the Department of Financial and Insurance Market Regulation alongside the State Insurance Supervision Service to register the resolution with the Ministry of Justice within three days.
Share