AZERBAIJAN: January-April 66% of market GWP collected by voluntary insurance
The contribution of voluntary insurance to market GWP amounted to AZN 176.2 million or 66% of the market, and paid claims from the voluntary segment reached AZN 43.4 million (65% of the total paid claims). GWP of the compulsory insurance amounted to AZN 89.1 million or 34% of the market. At the same time, insurers paid AZN 23.3 million for compulsory types (35% of the total paid claims).
*EUR 1 = AZN 1.9070 (as of May 1, 2019)