Bank Of Baku

Azerbaijan-based insurers collect AZN 76.88 mln insurance premiums

Azerbaijan-based insurers collect AZN 76.88 mln insurance premiums
# 14 July 2010 15:29 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based insurers collected AZN 76.880 mln insurance premiums during January-Juny, 2010.

Ministry of Finance says the paid insurance claims made AZN 22.490 mln. AZN 221.330 thousand of premiums came from life insurance, AZN 55.039 mln from non-ife insurance, AZN 14.664 mln from compulsory insurance types.

The payments went to life insurance (AZN 164.658 thousand), non-life insurance (AZN 15.825 mln) and compulsory insurance types (AZN 3.963 mln).

The most of premiums came from Health Insurance (AZN 13.454 mln), motor vehicles (AZN 12.467 mln), Fire insurance (AZN 8.155 mln), Air insurance (AZN 7.371 mln), compulsory insurance of Military servicemen (AZN 6.854 mln).

The payments went to Health Insurance (AZN 7.010 mln), Motor vehicles (AZN 5.873 mln) and compulsory insurance of military servicemen (AZN 3.323) mln.

There are 27 insurance companies in Azerbaijan.
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