Data unveiled on growth of insurance compensation payment

12:14 - 27.01.2021

January 27, Fineko/abc.az. Compensation payments on life insurance grew 2.3-fold up to AZN 283 million in Azerbaijan and on non-life insurance by 3.1% up to AZN 182.15 million for 2020, ABC.AZ reports with reference to the Central Bank.

The customers were returned 93.2 manats per every 100 manats gathered in the life insurance market and 42.9 manats per every 100 manats on the non-life insurance.

The indicators for 2019 amounted to 46.7 and 42.7 manats, respectively.

 

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