Azerbaijan-based 20 insurers collected 705.7 million manats premiums in January-October this year, 12.3% more than a year earlier, Report informs referring to the Central Bank of Azerbaijan.

The payments by insurance companies for the reporting period amounted to 401.211 million manats, which is 14.6% more than the same period of 2020.

For the reporting period, 56.8 manats were paid for every 100 manats of insurance premiums, while this figure was 55.7 manats last year.

https://report.az/en/finance/azerbaijan-s-insurance-market-grows-12-301121/