Insurance premiums in Azerbaijan increased by 29% in 8 months

15:12 - 22.09.2023

September 22, Fineko/abc.az. Insurance premiums for AZN 846.854 million were gathered in Azerbaijan through 20 insurance companies for Jan-Aug 2023.

ABC.AZ reports with reference to the Central Bank of Azerbaijan that the indicator is 29.3% more versus Jan-Aug 2022.

At that, the insurers paid compensations for AZN 345.796 million for the reported term (21.9% more versus Jan-Aug 2022).

For the past 8 months of 2023, 40.8 manats of payments were made for every 100 manats of premiums (43.3 manats for Jan-Aug 2022).

 

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