Interest in this type of insurance has fallen

11:00 - 29.11.2024


November 29, Fineko/abc.az. The report on premiums and compensation payments on voluntary health insurance in Azerbaijan for Jan-Oct 2024 has been published.

ABC.AZ informs, referring to the report, that over Jan-Oct 2024, the premiums on this type of insurance amounted to 100.958 million manats (2.318 million manats, or 2% less against Jan-Oct 2023 - 103.276 million manats) and compensation payments  - 79.86 million manats (16.198 million manats or 25% more versus Jan-Oct 2023 - 63.662 million manats).

The loss rate for Jan-Oct 2024 was 79% (a rise of 17% agaijnst Jan-Oct 2023 - 62%).