Gunay Sigorta premiums and compensations decreased to AZN 200,000


December 2, Fineko/abc.az. A few days ago the liquidated Financial Market Supervision Authority (FIMSA) has published the financial indicators of the insurance market.

ABC.AZ reports with reference to FIMSA’s data that the situation with Gunay Sigorta did not improve for Jan-Oct 2019.

Thus, the insurer observed decrease in premiums and compensation payments for the reported term versus Jan-Oct 2018 (premiums: AZN 5.243 million). This year the insurer registered decline of premiums by AZN 180,030 or by 3.43% to AZN 5.063 million.

The decrease is observed not only on insurance premiums, but also on compensation payments of Gunay Sigorta. Thus, for Jan-Oct 218 the insurer compensated to customers for AZN 2.726 million, and this year the paid compensations totaled AZN 1.389 million with reduction by AZN 1.336 million or 50.29% versus the 2018 same term.