12:04 - 5.08.2019

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August 5, Fineko/abc.az. The insurance market dynamics has increased this year compared with the 1st quarter of 2019, says Khayal Mammadkhanli, an insurance expert, who commented on the previously published indicators of the insurance sector for Q1 of 2019.

He noted that if in the 1st quarter of this year the insurance market decreased almost by 30% (versus last year), the difference in the results of the half-year decreased slightly.

"This means that by the end of the year the probability of growth in the insurance market is low, the result will be close to last year’s indicator. The decrease accounts mainly for life insurance and property insurance. As for other types of insurance, the situation is stable there," the expert emphasized.