Azerbaijan sees 60% rise in premiums on property insurance against fire and other risks

Baku. 29 November. REPORT.AZ/ In January-October 2018, Azerbaijan-based insurers collected AZN 50,823,600 of premiums from property insurance against fire and other risks, up AZN 2,530,300 or 5.24% from January-September 2018, AZN 19,113,000 or 60.27% from previous year, Report informs citing the Financial Markets Supervisory Authority (FIMSA).

Payments on property insurance against fire and other risks in the reporting period amounted to AZN 2,043,600, down AZN 267,900 or 15.09% from January-September 2018, AZN 6,300 or 0.31% from a year earlier.