Azerbaijan’s insurance market decreases by 7%

Azerbaijan’s insurance market decreases by 7%
  • Clock-gray 12:48
  • calendar-gray 23 February 2021

In January of this year, insurance premium in the volume of AZN 104 010,8 thousand in total was collected by insurance companies operating in Azerbaijan, APA-Economics reports citing Central Bank of Azerbaijan.

According to the information, during the reporting period, a payment in the volume of AZN 56 840,7  thousand was carried out by companies.

According to the report, insurance premiums decreased by 7.2% in comparison to the same period of the previous year, while payments increased by 2.1 times.

Mirsaid İbrahimzade

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