Azerbaijan sees 6% rise in insurance market

Azerbaijan sees 6% rise in insurance market
# 22 January 2015 09:20 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. In 2014, Azerbaijan-based insurers collected AZN 429.2 mln insurance premium, up 5.6% or AZN 23.5 mln from previous year, said the chairman of Azerbaijan Insurers Association Orkhan Bayramov.

Insurance payments during the same period made AZN 157.1 mln, up 28% or AZN 34.3 mln.

AZN 36.6 was paid for per AZN 100 insurance premium. This was AZN 30.3 in 2013.

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