Bank Of Baku

Azerbaijan sees 14% rise in Q1 insurance market

Azerbaijan sees 14% rise in Q1 insurance market
# 14 April 2015 08:18 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. In January-March, 2015, Azerbaijan-based insurers collected AZN 134.8 mln insurance premium, up 14.3% from previous year, said the chairman of Azerbaijan Insurers Association.

 

Insurance payments during the same period made AZN 35.75 mln, up 25.1% compared to a year earlier.

 

AZN 26.5 was paid for per AZN 100 insurance premium. This was AZN 24.2 in 2014.

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