Insurer with premium decline by 11 million manats this year

15:11 - 26.10.2026


October 26, Fineko/abc.az. Over Jan-Sept 2026, the negative trend was recorded on premiums collected by Qala Sığorta.

Company's premiums amounted to 52.581 million manats (Jan-Sept 2025 - 63.925 million manats).

In annual comparison, company's premiums decreased by 18%, or by 11.344 million manats.

Qala Sığorta was established on the basis of Chartis Azerbaijan, which has been operating since 1999. The authorized capital of the company is 10.017 million manats. 100% of its shares belong to AzRe Təkrarsığorta OJSC. The company also owns 90% of the shares of Qala Həyat Sığorta.