Azerbaijan’s insurance market increases by 10%

Azerbaijan’s insurance market increases by 10%
  • Clock-gray 12:31
  • calendar-gray 02 December 2020

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%.

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