Payments on this of insurance declined and premiums increased

17:52 - 26.02.2024

February 26, Fineko/ Azerbaijan observed an increase of premiums and decline on compensation payments within compulsory civil liability insurance for operation of real estate in January 2024.

ABC.AZ informs with reference to CBA’s report that this January the premiums on this type of insurance amounted to 60,000 manats (25,000 manats or 70.8% more versus January 2023 - 35,000 manats).

Compensations on this type of insurance were paid for 1,000 manats (2-fold less versus January 2023 – 2,000 manats).