Life insurance premiums for Jan-Feb increased

The life insurance premiums were gathered in Azerbaijan for AZN 63,002,700 for Jan-Feb 2022 (36.6% more versus Jan-Feb 2021).

Insurance market has grown

A-Qroup's capital reduced

A-Qroup Insurance finished 2021 with net profit of AZN 1.13 million (fall against 2020).

Net profit of A-Qroup Insurance sharply decreased

A-Group Insurance completed 2021 with net profit of AZN 1.13 million

Azerbaijani insurance sector assets decreased by 1.6% last year

By the end of 2021, the assets of the insurance sector of Azerbaijan amounted to AZN 1.33 million (1.6% less than at the end of 2020).

Resignations at Gunay Sigorta continue

Resignations in the executive body of Gunay Sigorta continue.

Azerbaijan Rigs selects a voluntary health insurer

Azerbaijan Rigs LLC has announced the acceptance of offers for voluntary medical insurance

Over 67% of compensation payments accounts for five insurers

AZN 11.227 million (or 67.55%) out of AZN 16.6 million of compensations paid in Azerbaijan for January 2022 accounted for five insurance companies.

Five insurers in Azerbaijan collected 84% of entire premiums

Out of AZN 118.234 million of the premiums gathered in Azerbaijan last month, AZN 99.39 million, or 84.05% accounted for five insurance companies.

Premiums of 10 insurance companies reduced

The premiums of 10 insurance companies out of 20 ones operating in Azerbaijan decreased last month compared with January 2021.

Insurance market in Azerbaijan has grown

The premiums for AZN 118.2 million were gathered by 20 insurance companies in Azerbaijan for January 2022 (13.67% more versus January 2021)

Citizens of Turkey and Azerbaijan to be able to use CHI services

Number of ASA members has reached 21

Another insurance company has become a member of the Azerbaijan Insurers Association

Meqa Sigorta premiums reduced for 2021

Insurance company Meqa Sigorta has published the report on premiums and compensation payments for 2021.

Mortgage Fund awards a contract for AZN 30,000 to tender winner

Voluntary insurance observes growth on premiums and decline on compensation payment

Azerbaijan gathered AZN 586.595 million of premiums (16.7% more against 2020) at the expense of voluntary insurance for 2021

Life insurance premiums increased in 2021

AZN 383.108 million of insurance premiums were collected in 2021 (26.1% more against 2020) at the expense of life insurance in Azerbaijan

Voluntary motor vehicle insurance has grown

The Central Bank has published the insurance figures of last year.

Mikail Jabbarov: Forecast on compulsory medical insurance exceeded

In 2021, income from unemployment insurance increased by 10.4% up to AZN 135 million, the forecast was fulfilled at the level of 112.2%.

Medical insurance premiums increased in Azerbaijan

The data on the premiums on voluntary medical insurance collected last year by insurers operating in Azerbaijan has been published

Ateshgah insurance company’s deputy chair leaves his post

Fuad Ismayilov, deputy chairman of board at insurance company Ateshgah, has left his post.