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Atəşgah Sığorta`s premiums sharply reduced – what happens with company?

29.10.2020,12:29


October 29, Fineko/abc.az. The trend of a sharp decrease in the premiums of Azerbaijan’s insurer Atəşgah Sığorta continues.

ABC.AZ reports with reference to the Central Bank that the company collected premiums for AZN 18.7 million for Jan-Sept 2020 (decline of AZN 9.157 million or 32.85% versus Jan-Sept 2019). Last year, the company gathered premiums for AZN 27.877 million.

This indicates the sharp reduction on insurer’s sales and the number of its customers.