Qala Sigorta’s savings observed decline this year


October 31, Fineko/ The figures on the savings of Qala Sigorta, one of the participants in the insurance market of Azerbaijan, are disappointing this year. Amid the reduction in the customer base, there was decline in the volume of company's shares.

ABC.AZ informs, referring to CBA’s report that for Jan-Sept 2022 Qala Sigorta collected insurance premiums for AZN 33.4 million for the past 9 months of this year (by AZN 2.895 million or 8.0% less versus Jan-Sept 2021).

There was an increase in company's insurance payments for the reported term.

Thus, the amount of finances paid to customers for insured events that occurred, who suffered a loss, increased by AZN 324,000 or reached AZN 4.3 million.