Bank Of Baku

Azerbaijan’s insurance market grows by 13%

Azerbaijan’s insurance market grows by 13%
# 23 December 2022 11:52 (UTC +04:00)

In Jan-Nov of this year, the volume of insurance premium in Azerbaijan was AZN 875,132 mln which is 14% more compared to the corresponding period of 2021, APA-Economics reports.
During this period, the volume of payment carried out by insurance companies was AZN 400,953 mln decreasing by 6,7%

In other words, the loss of the insurance market decreased by 18,2%.

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