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Insurance incomes fell by 0.66% in first half-year

Business Materials 25 July 2006 18:37 (UTC +04:00)

According to the Ministry of Finance, during the first half-year insurance incomes amounted 43.60mln manat ($48.4mln), down 0.66% over year, Trend reports with reference to the said Ministry.

In total amount of incomes, voluntary insurance makes 40.59mln manat ($45.1mln), down 1.41% over year.

Amount of mandatory insurance incomes rose by 10.66 percent over year and made 3.01mln manat ($3.3mln).

During the first half-year insurance payments rose by 303.39% and amounted 29.73mln manat ($33mln), 28.68mln and 1.05mln manat for voluntary and mandatory insurance, respectively.

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