Azerbaijani insurance companies gathered AZN 130.2 million for 2 months of 2018

22:05 - 19.03.2018


March 19, Fineko/abc.az. Over Jan-Feb 2018 the insurance premiums of the Azerbaijani insurance companies made up AZN 130.2 million and compensation payments AZN 40.5 million.

Financial Markets Supervision Chamber reports that compared to the 2017 same period, the insurance premiums increased by 25.4% and compensation payments decreased by 7.7%.

The premiums on voluntary insurance amounted to AZN 106.8 million and the payments AZN 29.6 million.

The premiums on compulsory insurance reached AZN 23.4 million and payments AZN 10.9 million.

The share of premiums on voluntary insurance in the general structure of insurance premiums made up 82% and on compulsory insurance 18%. The compensation payments on voluntary insurance accounted for 73% and on compulsory insurance 27% of total payments.

For Jan-Feb 2018  AZN 31.1 of insurance payments accounted for every AZN 100 of insurance compensations.

Azerbaijan is numbering 21 insurance companies.

 

 

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