Amount of premiums on motor insurance announced

12:40 - 27.06.2019


June 27, Fineko/abc.az. The Financial Market Supervision Authority (FIMSA) reported itself on insurance premiums and compensation payments for Jan-May 2019.

According to the report, premiums concerning insurance of motor vehicles reached AZN 12.357 million and compensation payments AZN 4.548 million.

The premiums on insurance of air vehicles were gathered for AZN 5.18 million and compensations were paid for AZN 4.52 million.

Despite the fact that substantial premiums were collected in connection with insurance of water vehicles, the amount of compensation payments in the same insurance was insignificant.

So, the premiums on this type of insurance reached AZN 3.445 million and payment of compensations was not carried out.

 

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