Azerbaijan's insurance market grew by 9%

15:02 - 26.11.2024


November 26, Fineko/abc.az. Over Jan-Oct 2024, the volume of insurance premiums in Azerbaijan totaled 1.112 billion manats (9% more versus Jan-Oct 2023).

ABC.AZ informs that for the past 10 months of 2024, the compensation payments made by insurance companies amounted to 622.3 million manats (37% more than a year ago).

Over Jan-Oct 2023, the volume of insurance premiums reached 1.02 billion manats, and the volume of insurance payments - 455.012 million manats.