Bank Of Baku

Azerbaijan sees 3.8% rise in insurance market

Azerbaijan sees 3.8% rise in insurance market
# 18 December 2014 08:11 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. In January-November, 2014, Azerbaijan-based insurers collected AZN 382.8 mln insurance premium, up 3.8% or AZN 13.9 mln from previous year, said the chairman of Azerbaijan Insurers Association Orkhan Bayramov.

 

Insurance payments during the same period made AZN 143.5 mln, up 29.9% or AZN 33 mln.

 

AZN 37.5 was paid for per AZN 100 insurance premium. This was AZN 30 in 2013.

 

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