Profit of A-Qrup Sığorta fell by 23.4%

16:08 - 13.11.2026


November 13, Fineko/abc.az. A-Qrup Sığorta OJSC completed Jan–Sept 2026 with net profit of 1.269 million manats (23.4% less against Jan-Sept 2025).

According to company's financial report, for the first 9 months of this year the growth rate of insurer's expenses (7.6%) exceeded the growth rate of its profit (4.4%). Thus, company's expenses amounted to 15.533 million manats, and its earnings - 16.8 million manats.

Over Jan-Sept 2026, A-Qrup Sığorta did not pay profit tax.

At that, as of October 1, 2026 insurer's balance sheet capital decreased by 2.2% in annual terms, reaching 14.798 million manats, while liabilities increased by 4.9% up to 10.782 million manats.

Company's assets grew only by 0.7% up to 25.58 million manats.