BAKU, Azerbaijan, December 6. Azerbaijan's credit insurance premium amounted to 1.15 million manat ($676,762) as of November 1, 2022, Trend reports via the Azerbaijani Central Bank's report.
This figure increased nearly six times against the same period in 2021 (206,000 manat, $121,228).
In total, Azerbaijani insurance companies collected insurance premiums worth over 797.6 million manat ($469.38 million) for the first ten months of 2022, and paid out 359.29 million manat ($211.4 million).