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)

Bakı Sığorta's total assets decreased — company did not pay taxes in 2023

Bakı Sığorta OJSC completed 2023 with net profit of 556,000 manats.

Net profit of AzRe Təkrarsığorta drops more than by 3 million manats

AzRe Təkrarsığorta OJSC has published a report for 2023.

AzSigorta completed 2023 with net profit of over 1.5 million manats

AzSigorta OJSC finished 2023 with net profit of 1.58 million manats. However, in 2022, the company suffered loss of 2.1 million manats.

Insurance premiums increased by 9% and compensation payments by 37%

Over Jan-Feb 2024, the insurance premiums in Azerbaijan amounted to 240 million manats (9% more against Jan-Feb 2023).

Central Bank halts licenses of 32 insurance agents

Azerbaijan insurance sector assets increased in 2023

Insurance agent under liquidation in Azerbaijan

Insurance agent Kompas-Konsaltinq LLC has announced about its liquidation.