11:44 - 13.11.2026

---

November 13, Fineko/abc.az. As of October 1, 2026, the balance sheet capital of Xalq Həyat Sığorta OJSC decreased by 3% year-on-year to 17.145 million manats, while company's liabilities increased by 9%, reaching 13.942 million manats.

According to company's financial statements, insurer's expenses grew by 14.8% up to 9.251 million manats and income tax payments 2.1-fold up to 288,000 manats.

At that, company's assets increased only by 2% up  to 31.088 million manats. Xalq Həyat Sığorta Company, whose revenues grew by 15.2% for Jan-Sept 2026 and reached 11.684 million manats, ended the reporting period with net profit of 2.145 million manats (10.3% more year-on-year).