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Azerbaijan: First half 2014 insurance premiums up 7% to $270.3 million

July 23, 2014 - 6:00am

Premiums reported by insurers in Azerbaijan in the first half of 2014 increased 7% year on year to 212 million Azerbaijani manats ($270.3 million), Forinsurer reported citing Interfax-Azerbaijan.

Premiums from insurance against fire and other risks totaled AZN 16.9 million ($21.5 million), while those from insurance of aircraft totaled AZN 5.7 million ($7.3 million).

Cargo insurance premiums for the six-month period totaled AZN 7.2 million ($9.2 million), Forinsurer reported.

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