Azerbaijan reports a rise on insurance premiums by 7% and compensation payments by 54.3% for 2020

17:45 - 26.01.2021

January 26, Fineko/abc.az. The insurance premiums for AZN 728.6 million were gathered in Azerbaijan for the past year, ABC.AZ reports with reference to the Central Bank of Azerbaijan.

The insurance companies paid compensations in the total amount of AZN 465.15 million in 2020.

The insurance premiums observed an increase of 7% and compensation payments by 54.3% last year.