13:07 - 29.12.2023

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December 29, Fineko/abc.az. The premiums and compensation payments on voluntary property insurance against fire and other risks have increased in Azerbaijan.

ABC.AZ reports with reference to the Central Bank that for Jan-Nov 2023, the premiums on this type of insurance amounted to 68.5 million mantas (13.3 million manats, or 24% more against Jan-Nov 2022.

Over Jan-Nov 2022, this figure reached 54.748 million.

Compensation payments on this types of insurance reached 30.57 million (29.22 million manats, or 22.6-fold more against Jan-Nov 2022 – 1.35 million manats.