Baku, Azerbaijan, April 6
By Kheyraddin Nasirzade – Trend:
In January-February 2019, insurance fees for types of insurance other than life insurance amounted to 101.76 million manats in Azerbaijan, which is 14.04 percent more than in the same period last year, Trend reports referring to Azerbaijan’s Financial Market Supervisory Authority (FIMSA).
According to data provided by FIMSA, the share of non-life insurance in the total amount of insurance fees for the above-mentioned period amounted to 76.62 percent.
Payments for the types of insurance other than life insurance reached 20.81 million manats (62.84 percent of all payments). This figure decreased by 10.29 percent over 2018.
Comparative table of non-life types of insurance with the highest specific weight of fees (January-February 2019):
|
Types of insurance |
Insurance fees (thousand manats) |
Specific weight (%) |
Insurance payments (thousand manats) |
Specific weight (%) |
|
Health insurance |
52,214.4 |
39.31 |
6,823.2 |
20.6 |
|
Property insurance against fire and other risks |
7,042.5 |
5.3 |
622.1 |
1.88 |
|
Vehicle insurance |
4,091.9 |
3.08 |
1,705.2 |
5.15 |
|
Air transport insurance |
4,972.1 |
3.74 |
20.1 |
0.06 |
|
General civil liability insurance |
3,517.7 |
2.65 |
189.8 |
0.57 |
|
Third party liability insurance |
12,715.2 |
9.57 |
9,897.3 |
29.87 |
|
State insurance of servicemen |
33.5 |
0.03 |
473 |
1.43 |
|
Compulsory insurance of real estate |
7,870.9 |
5.93 |
670 |
2.02 |
|
State insurance of law enforcement officers and courts |
1,845 |
1.39 |
181.7 |
0.55 |
|
TOTAL (non-life insurance) |
101,761.5 |
- |
20,809.2 |
- |
($1=1.7 AZN on April 6)
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