Azerbaijan, Baku /corr. Trend U.Ismaylova / Premiums of insurance companies of Azerbaijan in the first half year rose by 60.6% and claims paid by the companies decreased by 45.2%, according to the Finance Ministry of Azerbaijan.
In the first quarter premiums of the companies totaled AZN 44.31mln and claims paid out were in amount of AZN 30.31mln. Some 29 insurance companies with minimal authorized capital of AZN 700,000 operate in Azerbaijan.