Payout and premiums ratio in insurance against accidents at work - 4.8%
Azerbaijani insurance companies in January - October collected 22 million 504.45 thousand manats (10 % compared with the previous year) for compulsory insurance and disability of individuals from accidents and occupational diseases.
According to the information of the State Insurance Supervision Service of the Ministry of Finance AR, payments on this type of insurance totaled 1 million 78.78 thousand (3.1 %).
Payout and premiums ratio was 4.8%, that is, companies are only accumulating capital, ignoring the interests of customers. Services on this type of insurance are provided by 3 insurance companies. -17D-
Economics
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