Central Bank reported on company Xalq Hayat

12:51 - 10.02.2020

February 10, Fineko/abc.az. The Central Bank has released a report on the insurance market.

ABC.AZ reports that in 2019 the amount of Xalq Hayat’s premiums totaled AZN 977,000.

The company, which started selling insurance products since last May, gathered premiums for AZN 577,000 on types of life insurance for people who receive loans and mandatory insurance against loss of professional ability to work as a result of industrial accidents & occupational diseases".

The report shows that company's premiums are gradually increasing. Thus, compared to 1 October 2018, Xalq Hayat's premiums recorded an increase of almost 70%.

 

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