16:37 - 28.12.2023

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December 28, Fineko/abc.az. Personal insurance premiums and compensation payments observed an increase in Azerbaijan.

ABC.AZ informs with reference to Central Bank's report that for Jan-Nov 2023 the premiums on this type of insurance amounted to 122.723 million mantas (8.823 million manats, or 8% more against Jan-Nov 2022 - 113.9 million mantas).

Compensations on this type of insurance were paid for 74.151 million mantas (7.433 million mantas, or 11.1% more versus Jan-Nov 2022 – 66.718 million mantas). And the loss rate for Jan-Nov 2023 reached 60% (a rise of 1% this year) and 59% for Jan-Nov 2022.