Growth of life insurance market in 10 months

16:46 - 22.11.2023


November 22, Fineko/abc.az. In the first 10 months of 2023, the life insurance market in Azerbaijan has grown by another 31%.

ABC.AZ reports with reference to the Central Bank that for Jan-Oct 2023, 459.5 million manats of insurance premiums were gathered in the country. This amounted to 351.44 million manats for the relevant period of 2022.

Life insurance collected 251.73 million mantas (26% more than a year ago).