At the same time, GWP for voluntary civil liability insurance of vehicle owners has doubled y-o-y up to AZN 530,000. In the voluntary insurance of motor vehicles, the amount of GWP, collected during the reporting period, reached AZN 10.2 million, and paid claims amounted to AZN 4.77 million.
By the beginning of May, total GWP of the Azerbaijani insurance market exceeded AZN 339 million, while total market paid claims were about AZN 180 million.
* at the following exchange rate:
1 EUR = 2.0602 AZN (30.04.2021)