AZERBAIJAN: mandatory state social insurance increased by 17% from January to March

19 April 2022 — Marina MAGNAVAL
For the period from January to March 2022, premiums on mandatory state social insurance in Azerbaijan amounted to AZN 1.47 billion (EUR 0.78 billion), which means an increase of 17% y-o-y, Trend reports.

GWP from unemployment insurance grew by 16.4% y-o-y and reached AZN 35.3 million. Revenues of insurers from non-budgetary organizations increased by 18.1% to AZN 25.7 million.

*EUR 1 = AZN 1.881 (01.04.2022)



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