AZERBAIJAN: ADIF pays nearly AZN 727M in compensation to closed banks' customers

Azerbaijan Deposit Insurance Fund (ADIF) paid AZN 43,199,000 to Parabank's depositors, AZN 54,504,000 to Zaminbank's depositors, AZN 27,771,000 to Kredobank's depositors and AZN 3,087,000 to Dekabank's depositors. Read the full story

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Insurance market of Azerbaijan in the beginning of 2018

PASHA Sigorta collected in January 2018 more insurance premiums than any other insurance company in Azerbaijan, according to the Financial Market Supervisory Authority (MBNP), January GWP amounting to AZN 41.23 million (EUR 20.14 million) or 49.8% of total in Azerbaijan.



AON UK Ltd appoints new Chief Risk Officer

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Baden Baden Headlines 3: CEE insurance markets are attractive for reinsurers

Central and Eastern Europe insurance markets are an important source of business for Lloyds, total premium income from this region increasing by EUR 64 million since 2010, pointed out the Lloyd's representative in a seminar dedicated to CEE insurance markets: "We are seeing strong growth from Czech Rep, Poland, Slovakia and Ukraine. At the same time are some contractions from Russia, Bulgaria, Romania and Hungary due to challenging trading conditions as political implications and other sanctions".


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