Unprofitability of five insurance companies exceeds 100%

11:13 - 11.11.2026


November 11, Fineko/abc.az. In Azerbaijan, following Q3 of 2026, the loss rate of five compulsory car insurance companies exceeded 100%.

The highest loss rate of 118.86% was recorded on Qala Sığorta, which at the same time has the lowest complaints index on the market.

The next places in terms of unprofitability are occupied by Azərbaycan Sənaye Sığorta (117.22%), PAŞA Sığorta (115.4%), Meqa Sığorta (106.77%) and Atəşgah Sığorta (101.27%).

As a whole, for Jan-Sept 2026, compulsory car insurance premiums in the country increased by 12.5% up to 151.59 million manats and compensation payments by 20.6% up to 119.38 million manats.