In January-October of this year, insurance premium in the volume of AZN 628 374,2 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 350 035,5 thousand was carried out by companies.
According to the report, insurance premiums increased by 10,4% in comparison to the same period of the previous year, while payments increased by 55,2%.