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

19 April 2022 —
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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