Baku 4° C
Azerbaijan’s insurance market grows nearly 12%
Finance
- 27 August, 2021
- 10:14
In January-July this year, insurance premiums for 528.258 million manats were collected through 20 insurance companies in Azerbaijan, Report informs referring to the Central Bank of Azerbaijan.
This is 11.7 percent more than in the same period last year.
The amount of payments made by insurance companies for the reporting period was 301.179 million manats. This is 32.6 percent more than a year earlier.
During the reporting period, 57 manats were paid for every 100 manats of insurance premiums. For the same period last year, this figure was 48 manats.
Author
Latest News
21:26
Photo
Azerbaijani Defense Industry Minister holds meetings at World Defense Show 2026 in Riyadh
Domestic policy21:24
President: I hope that the project to lay a fiber-optic cable in the Caspian Sea will be completed this year
ICT21:19
Ilham Aliyev: Students of secondary schools should be provided with basic knowledge in digitalization
Domestic policy21:14
Ilham Aliyev: Azerbaijan is working in strategic partnership format with world's leading powerhouses
Foreign policy21:10
Ilham Aliyev: Each state agency should designate a deputy for digitalization, AI, and cybersecurity
Domestic policy21:06
Ilham Aliyev: Over past 20 years, Azerbaijan's generation capacity has almost doubled
Domestic policy21:03
Ilham Aliyev: Over past 20 years, more than $350B have been invested in Azerbaijani economy
Domestic policy20:59
Photo
President Ilham Aliyev chaired meeting dedicated to the unified action plan on "Azerbaijan's New Digital Architecture"
Domestic policy20:53