Baki Sigorta premiums declined by 19%

A-Group Sigorta premiums decreased

Azersigorta has not paid commissions to insurance agents for several months

Azerbaijani state commercial insurance company Azersigorta has not been carrying out commissions for several months, which must be paid to insurance agents.

Contracts of Naxchivansigorta to be transferred to this company

A unanimous decision was made on the voluntary liquidation of Naxchivansigorta at the last meeting of company’s general meeting

Receipts on contributions to state social insurance exceed AZN 4.6 bn for Jan-Nov

Over Jan-Nov 2023, receipts on contributions to compulsory state social insurance increased by 13.9% or AZN 565.2 million versus Jan-Nov 2022, exceeding AZN 4.6 bn.

Naxçıvan Sığorta under liquidation

Naxçıvan Sığorta is being liquidated, and its portfolio is transferred to Atəşgah Sığorta.

Azerbaijan International Insurance Forum to be held

The Azerbaijan International Insurance Forum will be held in Baku in 2024.

Premiums on this type of insurance grew by 69,000 manats

Azerbaijan has recorded on employer liability insurance premiums.

This insurance premiums increased by 6.5%

Azerbaijan has reported growth of premiums and compensation payments on civil liability insurance for Jan-Oct 2023.

Premiums on this type insurance observe decline of 12,000 manats

Azerbaijan has registered a drop on railway transport insurance premiums for Jan-Oct 2023.

This type of insurance observes decline by 2.9 million manats

Air transport insurance premiums have decreased in Azerbaijan.

Loss rate on this type of insurance declined by 3.6%

Over the past 10 months, the premiums on individual insurance against accidents and diseases observed growth in Azerbaijan.

Type of insurance, premiums and payments on which increased by AZN 9.9 million in 10 months

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

Types of insurance premiums on which increased by 15.6%

Azerbaijan has increased premiums and compensation payments on types of insurance, with the exception of life insurance.

Disability insurance market has increased in Azerbaijan

Sharp increase recorded on loan insurance premiums in Azerbaijan

The loan insurance premiums have sharply increased in Azerbaijan.

Azerbaijan observes growth on health insurance premiums and payments

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

Fees and payments on compulsory real estate insurance increased

The fees and payments on compulsory real estate insurance have increased in Azerbaijan, ABC.AZ informs, referring to the Central Bank.

Growth of life insurance market in 10 months

In the first 10 months of 2023, the life insurance market in Azerbaijan has grown by another 31%.

Compulsory insurance of vehicles in Azerbaijan grew by 48%

Rating of insurers with lowered premiums — List