According to the results of January-October 2023, 2 out of 19 insurance companies in Azerbaijan are technically in bankruptcy. This is stated in the insurance review published by the Central Bank of Azerbaijan. According to the document, these are the companies “Azərbaycan Sənaye Sığorta” and “Xalq Sığorta". Their 10-month insurance payments exceeded 10-month insurance premiums by 89.2% and 6.4%, respectively. In othe...

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