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10:19 26 April
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Payments on voluntary insurance types make up AZN 180M in 2016


In 2016 the voluntary insurance market amounted to AZN 318,944,000, up AZN 37,974,000 or 13.52% from previous year.

 

Payments increased AZN 43,623,000 or 32.12% to AZN 179,435,000. 36.32% of premiums on voluntary insurance types came from life, 63.68% from non-life insurance.

 

Premiums on the voluntary life insurance types increased AZN 30,023,000 or 34.98% to AZN 115,855,000, payments rose AZN 40,870,000 or 81.58% to AZN 90,970,000.

 

Premiums on voluntary non-life insurance advanced AZN 7,951,000 or 4.07% to AZN 203,089,000, payments surged AZN 2,753,000 or 3.21% to AZN 88,466,000.

 

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