17:51 - 22.01.2024

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January 22, Fineko/abc.az. The premiums and compensation payments on compulsory insurance have increased in Azerbaijan.

In 2023, the premiums on these types of insurance amounted to 334.4 million, ABC.AZ reports with reference to the Central Bank.

This is 91.68 million manats, or 37.8% more versus 2022.

In 2022, this figure was 242.75 million.

The payments on these types of insurance amounted to 108.7 million mantas (12.5 million manats or 13.1% more than a year earlier).

In 2022, insurance payments for 95.569 million were made.