Bank Of Baku

Premiums for compulsory insurance against accidents at work soars 19% in Azerbaijan

Premiums for compulsory insurance against accidents at work soars 19% in Azerbaijan
# 14 August 2012 12:07 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. In January-June, 2012, Azerbaijani insurance companies collected AZN 15.486 mln premiums on Compulsory Insurance against Disability Resulting from Occupational Diseases & Accidents at Work, up 19% from a year earlier.

During the reporting period, insurers made payments on this type of insurance in the amount of AZN 215.622 thousand.

The greatest amount of premiums on this type fell on share of Pasha Life and Ateshgah Life. In general, the share of this insurance type in total insurance premiums made 10.9%.

Remind that, 3 companies – Pasha Life, Ateshgah Life and Gala Life, operate on life insurance in Azerbaijan.
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