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Azerbaijan: Total January-July premium up 9% to $320.9 million

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Combined premium reported by insurers in Azerbaijan during the January to July 2014 period has totaled 251.7 million Azerbaijan manats ($320.9 million), Forinsurer reported citing Interfax.

This represents a 9% year-on-year increase.

Meanwhile, insurance payments totaled AZN 78 million ($99.5 million), up 13.2%.

Currently, 28 insurers are licensed to operate in Azerbaijan.

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