AZERBAIJAN: GWP of A-Group for the first quarter of 2022 increased by 18% y-o-y

27 April 2022 — Marina MAGNAVAL
GWP growth of the insurance company A-Qroup for the first quarter of 2022 amounted to 18%. According to the insurer, total volume of premiums from January to March reached AZN 4.86 million (~EUR 2.58 million), Trend reports.

A-Qroup's paid claims for the period amounted to AZN 2.66 million, with the largest part paid by the company on voluntary health insurance (AZN 2.49 million). It is noted that the results for the first quarter show a stable positive trend.

A-Qroup has been operating in the insurance market for over 26 years and by the end of 2021 was among the top 10 insurers in Azerbaijan. The company provides a wide range of insurance services for private and corporate clients in 14 types of voluntary insurance and 3 types of compulsory insurance.

*EUR 1 = AZN 1.881 (01.04.2022)

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