17:20 - 3.12.2025

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December 3, Fineko/abc.az. The overall assets of AzSigorta OJSC declined by 1.07 million manats (by nearly 3.4%) over the past year. The main reduction is related to cash.

ABC.AZ informs, referring to insurance company's report for the end of the first 3 quarters of 2025. Thus, assets, which amounted to 31.83 million manats as of October 1, 2024, decreased to 30.76 million manats in the same period of this year.

The liquid assets of the insurance company, cash and cash equivalents, fell from 1.99 million manats to 980,000 manats, which means a decrease of 1.01 million manats per year, or a sharp decrease of about 50.7%.

Investment assets increased from 24.61 million manats up to 25.98 million manats, which is 1.37 million manats, or an increase of about 5.6%.

Long-term assets grew by 17.3% year-on-year up to 14.43 million manats.