Jan-Sept premiums exceed AZN 2 million


October 21, Fineko/abc.az. The Compulsory Insurers Bureau announced the compensation payments on insurance cases and insurance contracts concluded within the framework of the Green Card system for the past 9 months of the current year.

The Bureau told to portal ABC.AZ that for Jan-Sept the insurers entitled to operate within the Green Card system sold 39,509 insurance certificates (by 18% more versus the relevant term of 2018).

Over the reporting term the collection of insurance premiums on international insurance contracts in the Green Card system amounted to AZN 2.24 million (rise of 15% against the same month of 2018).

On the other hand, for Jan-Sept 2019 the insurance compensations were paid for AZN 790,933 on 206 insurance cases. Compared with the same term 2018, growth of insurance compensation payments was recorded by 23%.