Compensations paid per every 100 manats of compulsory insurance premium unveiled

15:54 - 30.03.2022


March 30, Fineko/abc.az. The compulsory insurance premiums decreased by 17.6% year-on-year to AZN 35.17 million for the past 2 months.

The voluntary insurance compensations were paid for AZN 24.63 million (63.55% less than a year ago).

Since early 2022 the amount of compulsory insurance compensation payments decreased by 56.2% to AZN 14.47 million.

ABC.AZ reports that over Jan-Feb 2022 up to 17.1 manats of insurance premiums were paid for every 100 manats collected from the voluntary insurance market. This figure was 57 manats for Jan-Feb 2022.

During the year from 77.4 to 41.15 manats accounted for every 100 manats of insurance payments on the compulsory insurance market.