Bank Of Baku

Azerbaijan sees 3.5% rise in insurance market

Azerbaijan sees 3.5% rise in insurance market
# 16 October 2014 08:37 (UTC +04:00)

Baku. APA-Economics - Musa Ahmadov. In January-September, 2014, Azerbaijan-based insurers collected AZN 314.1 mln insurance premium, up 3.5% or AZN 10.75 mln from previous year, said the chairman of Azerbaijan Insurers Association Orkhan Bayramov.  

 

Insurance payments during the same period made AZN 116.4 mln, up 31.5% or AZN 27.85 mln.

 

AZN 37.1 was paid for per AZN 100 insurance premiums. This was AZN 29.2 in 2013.

 

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