Premiums of Standard Insurance that caused customer discontent lower - Report

17:18 - 30.10.2019


October 30, Fineko/abc.az. On 29 October the Financial Market Supervision Authority (FIMSA) unveiled the financial indicators of the insurance sector for Jan-Sept.

ABC.AZ reports that over the past part of the year the insurance companies operating in Azerbaijan observed both rise and decrease on collection of premiums.

It became known that premiums of 11 out of 22 insurers have dropped.

In particular, for Jan-Sept premiums of AXA MBASK fell by 14.7 times, Azerbaijan Industrial Insurance by 36.5%, Ateshgah Hayat by 30.9%, Pasha Hayat by 21.4%, AzSigorta by 17.9%, Ata Sigorta by 15.8%, Qala Hayat by 15%, Mega Sigorta by 14.2%, Amrah Sigorta by 5.5%, Standard Insurance by 5%, and Ateshgah by 2.4%.

 

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