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Azerbaijani nonlife insurers' premiums up 14% in January

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Premiums collected by Azerbaijani insurers in the nonlife segment totaled 54.7 million Azerbaijani manats ($52 million) in January, up 14% year on year, reported Forinsurer citing 1News.Az.

According to a report by Azerbaijan Insurers Association, insurers' premium increased 6t% year on year to AZN 429.2 million ($410 million) in 2014, with premiums collected by the nonlife segment totaling AZN 324.2 million, up 4% year on year.

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