Mandatory insurance of car owners decreased on 2 indicators


December 25, Fineko/abc.az. The Central Bank has released monthly statistics on insurance indicators.

ABC.AZ reports that for Jan-Nov of this year Azerbaijan collected insurance premiums for AZN 85.785 million on compulsory civil liability insurance of motor vehicle owners.

During this period the compensations for AZN 51.576 million were paid on the same type of insurance. Thus, compared with the same term of 2019, the premiums decreased by 7.3% and compensations by 14.9%.