Azerbaijan's insurance market grows by nearly 11%

The Central Bank of Azerbaijan has released an insurance review for 2024. According to the document, last year the local insurance companies collected AZN 1,353.2 million of insurance premiums and performed AZN 752.7 million of insurance payments.This is up by 10.7 % and 28.2% respectively from the previous year. Last year, AZN 55.6 out of every AZN 100 of insurance premiums collected in the insurance market was paid. In the past year this...

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