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Premiums of Azerbaijan Industrial Insurance Company reduced more than by AZN 2 million

28.11.2019,15:47


November 28, Fineko/abc.az. Premiums of Azerbaijan Industrial Insurance Company have sharply decreased.

ABC.AZ informs that according to State Statistics Committee’s report, premiums collected by the Company for Jan-Oct 2019 fell by AZN 2.528 million or 34% versus Jan-Oct 2018. Thus, for past 10 months AIIC managed to collect only AZN 4.916 million (AZN 7.44 million for Jan-Oct 2018), while compensation payments dropped from AZN 1.929 million to AZN 1.713 million.