Bank Of Baku

Azerbaijan gets 7% growth in insurance market

Azerbaijan gets 7% growth in insurance market
# 16 September 2014 08:00 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In January-August, 2014, Azerbaijan-based insurers collected AZN 283.3 mln insurance premium, up AZN 17.5 mln or 6.6% in annual comparison, said the chairman of Azerbaijan Insurers Association Orkhan Bayramov.

 

Insurance payments during the reporting period made AZN 103.5 mln, up AZN 25.7 mln or 33% from previous year.

 

AZN 36.6 was paid for each AZN 100 insurance fee. It was AZN 29.3 last year.

 

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