Insurers that collected the least amount of premiums in Azerbaijan


July 28, Fineko/abc.az. The Central Bank has published the financial position of the insurers operating in Azerbaijan for Jan-Jun 2020.

ABC.AZ reports that Azerbaijani main bank’s report also indicates the names of the insurance companies that collected the minimum volume of premiums for the past 6 months.

Among them are AXA MBask (AZN 5,000), Naxçıvan Sığorta (AZN 624,000) and Bakı Sığorta (AZN 729,000). The above-said insurers gathered totally AZN 1.358 million of premiums (0.3% of all insurers’ premiums).