Non–life insurance premiums lowered by about 15%


October 2, Fineko/abc.az. The Central Bank has published some indicators on the mandatory insurance for Jan-Aug 2020.

ABC.AZ informs with reference to CBA’s report that for the first 8 months of 2020 the premiums on mandatory life insurance grew by 19.2% up to AZN 37.939 million, while compensation payments decreased by 22.6% to AZN 1.376 million.

And for types of insurance not related to life insurance, the premiums were collected for AZN 124,858 (rise of 2.1% against Jan-Aug 2019) and compensations were paid for AZN 42.5 million (fall of 14.2%).