Azerbaijan sees 10% surge in insurance market
By Trend
Premiums collected by Azerbaijan’s insurance companies totaled 462.65 million manats in January-October 2017, which is 10.16 percent more than in the same period of 2016, the country’s Financial Market Supervisory Authority (FIMSA) said in a report on November 17.
Payments of claims by the Azerbaijani insurance companies totaled 204.6 million manats in January-October 2017, which is 7.12 percent more than in the same period of 2016.
Twenty-two insurance companies operate in Azerbaijan.
(1.7002 AZN = 1 USD on November 17)
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