Property insurance against fire observed growth in Azerbaijan

The premiums and compensation payments on voluntary property insurance against fire and other risks have increased in Azerbaijan.

Investments in life insurance exceed AZN 100 million

Finances invested in life insurance in Azerbaijan grew by 28.4%.

Premiums on insurance against accidents and illnesses grew by 26%

Accident and disease insurance premiums have increased in Azerbaijan.

Medical insurance premiums increased by 7%

Azerbaijan observed growth on medical insurance premiums and compensation payments.

Azerbaijan has reported on private insurance premiums

Personal insurance premiums and compensation payments observed an increase in Azerbaijan.

This insurer lost AZN 2.757 million for Jan-Nov

Azərsığorta OJSC has reported on its premiums and compensation payments for Jan-Nov 2023.

Azerbaijan observes growth on this type of insurance

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

This type of insurance increased by 28% in Azerbaijan

Life insurance premiums and compensation payments have increased in Azerbaijan.

Budget of Compulsory Medical Insurance Fund for 2024 approved

Azerbaijan’s insurance services exported within Green Card system

Since the beginning of this year, Azerbaijan has exported insurance services for 6 million manats within the international insurance system Green Card

Insurance contributions increased by 27%

President postpones this financing for another year

The introduction of co-financing in compulsory health insurance has been postponed for another year.

Nakhchivan has reported on social insurance contributions

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.