A total of 725.16 million manats (about $426.57 million) of insurance premiums were collected through 17 insurance companies in Azerbaijan in January-June 2024, marking an increase of 11.7% year-on-year, Report informs, citing the Central Bank of Azerbaijan.

During the reporting period, payments from insurance companies rose by 58.5% to 356.63 manats (about $209.78 million).