Standard Insurance`s insurance premiums dropped by almost AZN 2 million - What is happening in the company?

16:25 - 6.09.2019


September 6, Fineko/abc.az. The company's insurance premiums fell sharply.

According to Abc.az, this was announced in the report of insurance companies for January-July 2019, published by the Financial Markets Supervisory Authority.

According to the report, the insurance premiums of Standard Insurance for January-July this year amounted to AZN 7,157,000, which is AZN 1,550,000 or 17.8% less compared to the same period last year.

Notably,the discontent around this company does not stop recently. Many citizens complained about the company, claiming that they could not receive insurance payments from Standard Insurance. Another complaint about the company came from Ilkin Ibrahimli, a well-known insurance expert. He also noted that in Standard Insurance the service for customer satisfaction is very weak and is gradually declining.

 

Other news