16:55 - 30.10.2019

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October 30, Fineko/abc.az. The premiums of 10 out of the 22 insurance companies operating in Azerbaijan increased, while premiums of 11 ones declined.

ABC.AZ reports that this data is clearly stated in the financial statements on the insurance industry of the Financial Markets Supervision Authority (FIMSA).

Among the companies whose premiums lowered are Pasha Hayat (AZN 44.785 million), AXA MBASK (AZN 13.455 million), which is in the process of closing, Ateshgah Hayat (AZN 12.786 million), Meqa Sığorta (AZN 3.15 million), Azərbaycan Sənaye Sığorta (AZN 2.636 million), Ata Sığorta (AZN 2.576 million), Azsığorta (AZN 2.476 million), Qala Hayat (AZN 1.85 million), Ateshag Sigorta (AZN 700,000), Standart Insurance (AZN 523,000), Amrah Sığorta (AZN 22,000).

The largest decline for the year from angle of the amount occurred on insurance company AXA MBASK.