Central Bank: Ateshgah Hayat insurer`s share in life insurance market decreased

12:40 - 14.02.2020


February 14, Fineko/abc.az. The share of insurance company Ateshgah Hayat in the life insurance market has decreased.

ABC.AZ informs that according to Central Bank’s report, in 2019 insurer’s total market share made up 5.73%. And in 2018 this figure was 8.2%. This means that the number of companies decreased by 2.52% for the past year.

CBA's report also says about decrease of Company's premiums. Compared with 2018, Ateshgah Hayat’s premiums declined by 35%.

 

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