AZERBAIJAN: in January-September total number of Green Card policies increased by 18% y-o-y

24 October 2019 — Marina MAGNAVAL
For the first nine months of 2019, the number of Green Card policies reached 39.5 thousand units, which is 18% more than for the same period of last year, Trend reports with reference to the data provided by the Compulsory Insurance Bureau of Azerbaijan.

According to the Bureau, Green Card GWP for the mentioned period went up by 15% y-o-y, while the paid claims for a total number of 206 insurance events, registered over the 9 months period, increased by 23% y-o-y.

Azerbaijan has been a member of the Green Card system since January 1st , 2016.

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