Voluntary health insurance market grew by only 1% in 11 months of 2024

The voluntary health insurance market in Azerbaijan showed growth of only 1% in 11 months of 2024.

Four insurers’ premiums dropped

Type of insurance with premiums grown more than by 16%

List of insurers with the largest premiums in 11 months

The insurance premiums amounted to 1.2 billion manats in Azerbaijan for Jan-Nov 2024.

Azerbaijan's insurance market has grown

The insurance companies in Azerbaijan collected premiums for 1.2 billion manats forJan-Nov 2024.

Six insurance companies received mandatory orders

Licenses of insurance mediators halted

Central Bank revoked insurance licenses of two companies and 5 individuals

Tariffs on this type of insurance dropped

Tariffs for insurance of farm animals have been reduced

Central Bank has included insurers of these countries in the register

Motor vehicle insurance gathered over 50 million manats in 10 months

The report on premiums and compensation payments on voluntary insurance of motor vehicles in Azerbaijan for Jan-Oct has been published.

Insurance company lowers premiums by 1.386 million manats – Report

The report of insurance company A-Group on premiums and compensation payments for Jan-Oct 2024 has been published.

This insurer lowered premiums more than by 2 million manats

Aqrar Sığorta has published a report on premiums and payments for Jan-Oct 2024.

Type of insurance with a rise in premiums for 10 months - Report

The data has been published on premiums and compensation payments on life insurance in Azerbaijan for Jan-Oct 2024.

Interest in this type of insurance has fallen

The report on premiums and compensation payments on voluntary health insurance in Azerbaijan for Jan-Oct 2024 has been published.

Insurance company with a backlog of premiums of 1 million manats — Report

Qala Həyat Sığorta has published a report on premiums and compensation payments for Jan-Oct 2024.

Type of insurance, premiums of which exceeded 70 million manats in 10 months - Report

Azerbaijan’s insurer has paid a record payout for insured event

The Azerbaijani insurance company has made a record payment for an insured event related to cargo transportation.

List of insurers with the largest decline on premiums

Compared with the same months of 2023, for Jan-Oct 2024, five out of 17 insurance companies of Azerbaijan reported the decline on premiums ans 12 ones - growth of premiums.

Azerbaijan's insurance market grew by 9%

CBA restores validity of insurance agent's license