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Insurance market of Azerbaijan grows by 7%
Finance
- 26 October, 2017
- 13:08
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Baku. 26 October. REPORT.AZ/ In January-September, volume of insurance premiums on the line of 22 insurance companies in Azerbaijan amounted to 414,353 mln AZN.
Report informs citing the Financial Market Supervisory Authority of the Republic of Azerbaijan (FIMSA), this is 6,6% more in comparison with the corresponding period in 2016.
The amount of payments of insurance companies for reporting period increased by 14,3% and amounted to 188,58 mln AZN.
During reporting period, 45,5 AZN was paid for every 100 AZN of insurance premiums. In corresponding period in 2016 this has made 42,4 AZN.
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