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)

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.