Insurance payments/fees ratio of 'Silk Way Insurance' less by 1%

Baku. 21 June. REPORT.AZ/ In January-May 2016, insurance fees of 'Silk Way Insurance' totaled 10 018.034 thousand AZN. 

Report informs referring to the company, it is more by 16.3% compared to the same period last year.

During the reporting period, insurance payments of 'Silk Way Insurance' also increased. So, for the first 5 months of 2016, the company paid 39.512 thousand AZN of insurance payments, which is more by 2.1 times than in the previous year.

Notably, during the period for every 100 AZN of insurance proceeds, 0.4 AZN insurance payments have been made.

In January-May 2015, this ratio made 0.2%.