Data on compensation payments on compulsory and voluntary insurance unveiled


July 27, Fineko/abc.az. The statistical data on compensation payments on voluntary and compulsory insurance in Azerbaijan for Jan-Jun of this year has been published.

ABC.AZ reports that the amount of payments on the mandatory types of insurance for the year increased by 88% up to AZN 64.536 million.

Thus, over Jan-Jun 2021 up to 60.3 manats of insurance premiums were paid for every 100 manats collected from the voluntary insurance market.

For Jan-Jun 2020 this figure amounted to 56.2 manats. During the year for from 26 to 43.65 manats accounted per every 100 manats of insurance payments in the compulsory insurance market.