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Life insurance market increases 26%


AZN 146,538,000 or 30.2% of the insurance premiums in the amount of AZN 486,740,000 collected in 2016 came from life insurance, up AZN 30,060,000 or 25.81% from previous year.

 

Insurance payments on life insurance made AZN 94,979,000 or 40.0% of total payments, up AZN 42,745,000 or 81.84% from a year earlier.

 

In the reporting period, 65.66% of premiums came from voluntary, 34.34% from compulsory insurance types. 

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