Premiums on motor insurance in Azerbaijan lowered


September 24, Fineko/abc.az. The insurance companies of Azerbaijan have collected premiums on compulsory motor insurance for totaled AZN 25.57 million.

ABC.AZ informs with reference to the Central Bank of Azerbaijan (CBA) that the gathered premiums on voluntary motor vehicle insurance decreased by 0.2% against Jan-Jul 2020.

In the period from January to August 2021 the insurance compensation payments on compulsory motor vehicle insurance grew by 18%.