Reports on mandatory and voluntary insurance published


July 27, Fineko/abc.az. Over Jan-Jun of this year AZN 304.513 million of insurance premiums were collected in Azerbaijan due to voluntary insurance.

ABC.AZ reports that the figure is by 11.1% more versus Jan-Jun 2020.

Over the past 6 months earnings from mandatory types of insurance increased by 11.8% year-on-year and amounted to AZN 147.85 million.

For the reporting period the amount of payments on voluntary insurance totaled AZN 183.66 million (19.25% more than a year ago). During the year the amount of payments on mandatory insurance grew by 88% up to AZN 64.536 million.