17:45 - 30.01.2026

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January 30, Fineko/abc.az. In 2025, the premiums for voluntary property insurance against fire and other risks in Azerbaijan amounted to 85.53 million manats.

ABC.AZ reports that this figure means a decrease of 3.8% compared with 2024.

The compensation payments totaled 4.01 million manats (6.4% more than a year earlier).

Looking at the dynamics of the last four years, it can be noted that in 2022, the premiums on this type of insurance reached 66.35 million manats and payments - 1.43 million manats. In 2023, the market volume grew up to 74.93 million manats and payments increased sharply up to 75.42 million manats. In 2024, the premiums peaked at 88.95 million manats, while payments decreased to 3.77 million manats.

The comparison of the loss ratio by year shows that in 2022 this figure was 2.2%, in 2023 - 100.7%, in 2024 - 4.2%, and in 2025 - 4.7%. Thus, after high loss rate in 2023, the market has been less unprofitable over the past 2 years.