Bank Of Baku

More than AZN 37 mln insurance premium collected in January

More than AZN 37 mln insurance premium collected in January
# 27 February 2012 08:31 (UTC +04:00)
According to State Insurance Control Service under the Ministry of Finance, insurance payments reached AZN 4.399 mln.

The premium on life insurance made AZN 2.764 mln, non-life insurance – AZN 30.817 mln, compulsory insurance types – AZN 3.421 mln.

Most of premiums came from Health insurance (AZN 24.129), from Vehicle insurance (AZN 3.147 mln), compulsory insurance of civil responsibility of vehicle owners (AZN 2.030 mln) and Cargo insurance (1.194 mln).

Payments on non-life insurance made AZN 4.025 mln, on compulsory insurance – AZN 374,338,000.

Most of payments went to Vehicle insurance (AZN 1.536 mln), Health insurance (AZN 1.055 mln) and Air transport facilities insurance (AZN 0.853 mln).

Note that, 29 insurance companies operate in Azerbaijan.
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