AZN 145.8 million paid to medical workers involved in fight against coronavirus

During March-December 2020 the urgent allowances in the amount of AZN 145.8 million were paid to medical workers participating in the measures aimed at combating a new type of coronavirus infection, in proportion to their working hours, and AZN 23 million to non-medical workers.

Qala Heyat Sigorta's profit declined in 2020

The net profit of Qala Heyat Sigorta decreased by 16.5% for 2020

AzRe's operating income observed decline last year

The total operating income of reinsurance company AzRe decreased to AZN 48.565 million

Qala Sigorta shareholders to gather for a meeting

The shareholders of Azerbaijani insurance company Qala Sigorta will gather for a regular general meeting.

Number of insured persons in individual accounting system grew more than by 14,000

Insurance sector assets decreased more than by 4%

By the end of 2020 the assets of the insurance sector of Azerbaijan amounted to AZN 1.339 bn

Amrah Sigorta shareholders' meeting to discuss liquidation of the company

On 19 April, at 3 pm, the next general meeting of shareholders of insurance company Amrah Sigorta will be held

Cars of a bankrupt insurer to be put up for sale at auction

The procedure of selling the property of insurance company Standard Insurance OJSC, which is in the process of liquidation, is ongoing

AzSığorta’s compensation payments more than halved

Compensation payments of AzSığorta fell sharply in January 2021

Atəşgah Sığorta shows a lag on two indicators

The Central Bank has released the main financial indicators of insurance company Atəşgah Sığorta for the first month of 2021

Atəşgah Sığorta reports reduction of its premiums

Expert explains why voluntary car insurance declined sharply

The Central Bank has released statistics for January 2021. The most attention in the statistics is drawn to the 2.3-fold decrease on voluntary car insurance. So what is the cause of such a sharp fall in voluntary car insurance?

Payments on life insurance more than doubled for January

Compensation payments on types of life insurance reached AZN 28.744 million in January 2021 (a rise of 2.3-fold)

Lowered and increased insurance premiums

Car insurance compensation payments also declined

The Central Bank of Azerbaijan has published a report on some indicators in the domestic insurance sector for January of this year

Voluntary car insurance reduced sharply

The voluntary car insurance declined sharply in January 2021

Aqrar Sigorta shareholders to gather for a meeting

United insurance company Aqrar Sığorta is to conduct an extraordinary general meeting of the shareholders

Insurance companies of Azerbaijan and Turkey discussed cooperation

A zoom conference has been held between the Azerbaijan Insurers’ Association (ASA) and the management staff of the Insurance Association of Turkey.

Mandatory Health Insurance Agency to open 3 branches

It is planned to open the Shamkir, Goychay and Jalilabad branches of the Mandatory Health Insurance Agency

Mandatory Health Insurance Agency has suffered a loss

The State Agency for Mandatory Health Insurance has a statement in connection with the audit conclusion of the third-party auditor on the consolidated financial statements

Insurance company to hold shareholders’ meeting