In January-October 2017 Azerbaijan-based 21 insurers collected AZN 462,653,000.
According to Financial Markets Supervisory Authority, the payments amounted to AZN 204,637,000.
In the reporting period, AZN 44 of each AZN 100 insurance premium was directed to payment of the compensation. This figure was AZN 45 in 2016.
Premiums on voluntary insurance market rose AZN 35,099,000 to AZN 307,302,000, payments increased by AZN 15,222,000 to AZN 158,900,000.