Economy Minister: Over AZN 895 million received in budget on compulsory state social insurance

In the 1st quarter of this year the budget received more than AZN 895 million on compulsory state social insurance

Agency for Mandatory Health Insurance appeals to citizens

A new 3-year strategy to support insurance market prepared

A three-year strategy for the development and promotion of the insurance market, prepared by the Association of Insurers of Azerbaijan (ASA), has been approved.

Those who do not pay contributions on MHI to be fined

Those who do not pay mandatory health insurance contributions will be held accountable.

Expert: I don’t expect revival at insurance market this year

Some types of insurance have observed decline these days

Azerbaijan’s insurance companies with reduced assets

As of 1 January 2021 five out of 19 insurance companies operating in Azerbaijan lowered assets year-on-year

12 insurers increased their balance sheet capital

The total balance sheet capital of the insurance companies grew by 1.1% last year

About 300 more services to be added to Mandatory Health Insurance Package

Currently, the Package of services on mandatory health insurance includes 2,550 different medical services

12 insurers increased their long-term liabilities

The Central Bank has unveiled the financial position of insurance companies operating in Azerbaijan for 2020

13 insurers could increase their assets – Report for 2020

13 insurers increased their assets last year

Overall capital of insurance companies increased

The Central Bank has published a report on the total assets of 19 insurance companies operating in the country

12 страховых компаний увеличили свои долгосрочные обязательства

Центральный банк обнародовал финансовое положение страховых компаний, действующих в стране, за прошедший год.

Situation at insurance market: market reduced and premiums decreased

The analysis of the insurance market for the first months of 2021 shows that the insurance market has relatively declined, insurance premiums decreased, and compensation payments increased.

How can citizens benefit from mandatory health insurance? - Details

Atəşgah Həyat reports serious decline on net profit

Bakı Sığorta's profit decreased almost by 35%

The net profit of Bakı Sığorta OJSC for 2020 decreased by 34.5% compared with 2019

Joint Agricultural Insurance Company reports loss for 2020

The Joint Agricultural Insurance Company completed last year with net loss of AZN 221,000

AtaSığorta’s premiums sharply declined

Insurance company AtaSığorta has published its financial statements for 2020, and it turned out that the company lagged behind on some indicators

Insurance company AtaSigorta’s income for 2020 decreased

The total revenues of insurance company AtaSigorta amounted to AZN 18.98 million and total expenditures AZN 18.95 million

Two types of insurance envelopes applied in agricultural insurance

Currently, it is possible to insure 1-7-year-old dairy cows through agricultural insurance

Introduction of mandatory health insurance begins in two cities and in one district