BAKU, Azerbaijan, June 26. Azerbaijan's insurance companies collected insurance premiums worth 719.35 million manat ($424.4 million) from January through May of this year.
The data obtained by Trend from the Central Bank of Azerbaijan shows the
data indicates an escalation of 75.6 million manat ($44.6 million),
reflecting a growth trajectory of 11.7 percent relative to the
corresponding timeframe in 2024.
Concurrently, within the initial quintet of months in 2025,
regional insurance entities disbursed indemnity amounts totaling
314.79 million manat ($185.7 million). This denotes a
year-over-year escalation of 40.5 million manat ($23.9 million),
translating to a growth rate of 14.8 percent.
