Bank Of Baku

Azerbaijan sees 2.4 times rise in insurance premiums on compulsory real estate insurance last month

Azerbaijan sees 2.4 times rise in insurance premiums on compulsory real estate insurance last month
# 03 July 2015 10:22 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. In June 2013, 13,487 contracts were signed on compulsory real estate insurance in Azerbaijan, up 50% fropm previous year, Compulsory Insurance Bureau told APA-Economics.

 

Premiums from this type made AZN 5 mln, up 2.4 times in annual comparison.

 

Totally, 67,112 contracts were signed in January-June and total premiums amounted to AZN 17.9 mln, relevantly down 29% and up twice from previous year.  

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