15:23 - 29.12.2023

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December 29, Fineko/abc.az. Azerbaijan observed growth on the premiums and decline on compensation payments for civil liability insurance of vehicle owners.

ABC.AZ reports with reference to the Central Bank that for Jan-Nov 2023 the premiums on this type of insurance amounted to AZN 147.793 million (AZN 45.573 million, or 45% more versus Jan-Nov 2022 – AZN 102.22 million).

Compensations on this type of insurance were paid for AZN 89.637 million (AZN 7.345 million, or 8.9% more against Jan-Nov 2022 – AZN 82.29 million).