10:31 - 10.08.2026

---

August 10, Fineko/abc.az. Ateshgah Insurance OJSC has published its financial results for the first half of 2026. The insurer closed the reporting period with a net loss of 994,000 AZN, compared to a net profit of 1.528 million AZN recorded in the same period last year.

Key Financial Highlights:

• Revenue: In January-June, total revenues rose 0.35% year-on-year to 35.663 million AZN.

• Expenses: Total expenses climbed by 9% to 36.657 million AZN.

• Assets: As of July 1, 2026, total assets slipped 0.2% to 64.295 million AZN.

• Liabilities & Equity: Total liabilities grew by 2.5% to 53.167 million AZN, while total equity dropped by 8.1% to 16.128 million AZN.

Established in 1996, Ateshgah Insurance holds a charter capital of 5.009 million AZN. Its ownership structure comprises ISR Holding LLC (63%), Ran-Exim LLC (27%), and the State Oil Company of Azerbaijan Republic (SOCAR - 10%).