Azerbaijan sees almost 4% growth in insurance market

15:30 - 26.09.2017


Financial Market Supervisory Authority has published statistics on the results of insurance companies' activity in January-August.

According to the structure, 22 insurance companies operating in the country collected premiums in the amount of AZN 368,915,448.98 in nine months. Payments of companies for the reported period amounted to AZN 167 060 917.49.

In January-August 2016, insurers collected AZN 356,180,209.27 and paid AZN 136,771,501.69, thereby increasing the premiums by 3.57% over the year and the growth of payments by 22.14%.

 

 

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