Baku 13° C
Life insurance market in Azerbaijan up 26%
Finance
- 21 January, 2022
- 09:12
Some 383.108 million manats (+26.1%) were collected for life insurance in Azerbaijan in 2021, Report informs, citing the Central Bank of Azerbaijan.
During the reporting period, the amount of payments on life insurance amounted to 239.786 million manats (-15.3%).
Last year, 62.6 manats were paid for every 100 manats collected on life insurance. Last year, this figure was 93.2 manats.
Five insurance companies in Azerbaijan ("Qala Life", "PASHA Life Insurance", "Xalq Life", "Mega Hayat", and "Ateshgah Life") have licenses to provide life savings insurance services.
Author
Latest News
22:01
President Ilham Aliyev met with President of Global Affairs at The Goldman Sachs Group, Inc. in Munich
Foreign policy20:40
European Commissioner: The TRIPP project could be a true game-changer
Foreign policy20:24
Marta Kos: Peace between Armenia and Azerbaijan opens previously impossible opportunities
Foreign policy19:54
Zelenskyy thanks Ilham Aliyev for energy assistance to Ukraine
Foreign policy19:46
Photo
President Ilham Aliyev met with Ukrainian President Volodymyr Zelenskyy in Munich - UPDATED
Foreign policy19:22
Photo
President Ilham Aliyev met with the European Union's High Representative for Foreign Affairs and Security Policy in Munich - UPDATED
Foreign policy19:16
Photo
President Ilham Aliyev participates in panel discussion in Munich - UPDATED
Foreign policy18:57
President: The fact that TRIPP bears President Trump's name means this corridor will be important for this administration
Foreign policy18:12
Photo