Loss ratio in Azerbaijan's insurance sector grows

In January 2024, Azerbaijani insurers directed 27.9% of their collected insurance premiums to insurance payments. This is stated in the insurance review published by the Central Bank of Azerbaijan. In January 2023, this index was 26.3%. In other words, the loss ratio in the insurance sector has increased. Note that the last month, the highest loss ratio of 64.4% was recorded in compulsory insurance of civil liability of owners of moto...

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