17:36 - 27.11.2025

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November 27, Fineko/abc.az. Over Jan-Oct 2025, 954.643 million manats of premiums were gathered in Azerbaijan within voluntary insurance.

ABC.AZ informs, referring to the Central Bank of Azerbaijan, that the figure is 15.1% more against Jan-Oct 2024.

Compensation payments on voluntary insurance totaled 651.761 million manats (27.7% more than a year ago).

Thus, in 10 months, up to 68.3 manats of insurance premiums were paid for every 100 manats collected from the voluntary insurance market. One year ago, this figure was 61.5 manats.

Over Jan-Oct 2025, 16 insurance companies in Azerbaijan gathered premiums for totally 1.255 billion manats (12.9% more against the 2024 same term) and paid comepnsations for 772.602 million manats (24.2% more than a year ago).

For the past 10 months, 61.5 manats were paid out of every 100 manats of premiums collected at the insurance market (this indicator was 56 manats for Jan-Oct 2024).