Azerbaijan's insurance market grows by nearly 10%

The Central Bank of Azerbaijan has published an insurance review on the results of January-August 2024. The document says that for 8 months the insurance companies in Azerbaijan collected AZN 927.7 million of insurance premiums and made AZN 499.85 million of insurance payments. This is up by 9.55% and 44.6% from the same period of 2023 respectively. In the reviewed period, AZN 53.9 out of every AZN 100 of insurance premiums collected in the...

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