Premiums on voluntary property insurance against risks and fire reduced

16:12 - 2.05.2024


May 2, Fineko/abc.az. The data has been published on premiums and payments on voluntary property insurance against risks and fire in Azerbaijan for the first 3 months of this year.

ABC.AZ reports with reference to the Central Bank's report that for Jan-Mar 2024, the premiums on this type of insurance amounted to 16.622 million mantas (4.706 million manats, or 22% less versus Jan-Mar 2023 – 21.328 million manats.

Payments totaled 749,000 manats (474,000 manats or 2.7-fold more than a year earlier).