Growth of 9% reported on voluntary insurance premiums

The volume of premiums and payments on voluntary insurance in Azerbaijan has been published.

Qala Sığorta premiums fell more than by 2 million manats

Qala Sığorta’s report on premiums and payments for Jan-Mar 2024 has been published.

Amount of insurance premiums grew by 8% in 3 months

Over Jan-Mar 2024, 17 insurance companies of Azerbaijan collected premiums for 373,140 manats (8% more versus Jan-Mar 2023), ABC.AZ reports with reference to the Central Bank.

10 insurers do not have this resource

10 insurance companies in Azerbaijan do not have a mobile application.

Share of insurance sector in Azerbaijan's GDP is about 1%

Over the past 5 years, the insurance market in Azerbaijan has been growing by 15-18%.

Analogue of Turkish Insurance Data Center to be created in Azerbaijan

Negotiations are underway with the Turkish Insurance Data Center about creation of a similar system to support digital transformation in the insurance sector in Azerbaijan.

Taleh Kazimov: New strategy can double insurance market

The insurance market is expected to grow 2-fold in the medium-term prospect with a new strategy covering 2024-26.

Azerbaijan's insurance sector has grown by 34% for past 3 years

The assets of the insurance sector in Azerbaijan have increased by 34.2% over the past 3 years.

Insurance compensation for Azersky satellite received in full

A full insurance payment in the amount of 45 million mantas has been received for remote Earth observation satellite Azersky, which completed its mission a year ahead of schedule.

Payments on this kind of insurance grew 31-fold in Azerbaijan

The premiums on voluntary insurance of goods (transport) observed decline in Azerbaijan, while compensation payments increased.

Interest in voluntary accident and disease insurance has grown

The premiums on voluntary accident and disease insurance fees have increased in Azerbaijan, while compensation payments observed decline.

Data unveiled on travel insurance

The premiums on voluntary insurance of citizens traveling abroad declined, while compensation payments increased.

Report published on voluntary health insurance premiums

The premiums on voluntary medical insurance in Azerbaijan declined and compensation payments increased.

Premiums and payments on voluntary personal insurance increased

The premiums and payments on voluntary personal insurance observed growth in Azerbaijan.

CBA approves procedure for formation of insurance reserves

Market of voluntary disability insurance has grown

The premiums and compensation payments on voluntary disability insurance have increased in Azerbaijan.

Premiums on voluntary life insurance in case of death increased

Azerbaijan observes growth on the premiums and compensation payments on voluntary life insurance in case of death.

Data unveiled on voluntary insurance premiums

Voluntary insurance premiums and compensation payments observed growth in Azerbaijan.

Assets of Azərbaycan Sənaye Sığorta drop sharply

There is a sharp decrease in the assets of Azərbaycan Sənaye Sığorta.

Bakı Sığorta reduces employees - what happens in company?

Reductions have been made in Bakı Sığorta OJSC.

Insurance premiums grew by 8.4%

The overall premiums of insurance companies in Azerbaijan amounted to 239.718 million manats for Jan-Feb 2024 (8.4% more against Jan-Feb 2023)