Bank Of Baku

Azerbaijan sees 8% rise in insurance market

Azerbaijan sees 8% rise in insurance market
# 20 October 2015 08:23 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. In January-September 2015, Azerbaijan-based 27 insurance companies collected AZN 339.3 mln premium, up 8% from previous year, said the Azerbaijan Insurers Association.

 

Insurance payments during the same period made AZN 127.4 mln, up 9.5% compared to a year earlier.

 

AZN 37.6 was paid for per AZN 100 insurance premium. This was AZN 37.1 in 2014.

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