Azerbaijan’s insurance premiums increased for past 8 months

17:12 - 21.09.2018


September 21, Fineko/abc.az. Over Jan-Aug 2018 Azerbaijan’s insurance companies collected AZN 516.9 million of insurance premiums that is by 40.1% more versus the 2017 same term.

The Financial Market Supervision Chamber reports that for past 8 months compensation were paid for AZN 168.58 million that is by 0.9% more against Jan-Aug 2017.

Voluntary insurance premiums amounted to AZN 375 million and compensation payments AZN 125 million, while the same indicators on compulsory insurance amounted to AZN 142 million and AZN 44 million respectively.

For Jan-Aug of the year 32.6 manats of compensation payments accounted for every 100 manats of premiums versus 45.3 manats for Jan-Aug 2017.

 

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