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This insurer`s premiums have grown

04.05.2020,12:33


May 4, Fineko/abc.az. Azerbaijan Industrial Insurance Company has published the main financial indicators for the 1st quarter of 2020.

ABC.AZ informs with reference to insurer’s report that a total of AZN 3.13 million was collected for Jan-Mar 2020.

Of this amount, AZN 2.966 million of premiums account for voluntary insurance and AZN 646,979 for compulsory insurance. The growth of voluntary insurance mainly covers types of medical, property and CASCO insurance, and in compulsory insurance - insurance of real estate, cars and green cards. Thus, compared with the 2019 reported term, the increase of AZN 1.645 million (110%) was observed on insurance premiums.