Azerbaijan-based insurers collect over AZN 130 mln insurance premiums

Azerbaijan-based insurers collect over AZN 130 mln insurance premiums
# 19 November 2010 10:58 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based insurers collected AZN 130.301 mln insurance premiums during January- October, 2010.

Ministry of Finance says the paid insurance claims made AZN 41.275 mln. AZN 1.128 mln of premiums came from life insurance, AZN 101.727 mln from non-ife insurance, AZN 27.446 mln from compulsory insurance types.

The payments went to life insurance (AZN 278.042 thousand), non-life insurance (AZN 33.948 mln) and compulsory insurance types (AZN 7.049 mln).

The most of premiums came from Health Insurance (AZN 19.722 mln), motor vehicles (AZN 28.855 mln), Fire insurance (AZN 19.132 mln), compulsory insurance of Military servicemen (AZN 13.426 mln).

The payments went to Health Insurance (AZN 13.990 mln), Motor vehicles (AZN 12.135 mln) and compulsory insurance of military servicemen (AZN 5.583) mln.

There are 27 insurance companies in Azerbaijan.
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