BAKU, Azerbaijan, July 25. Azerbaijan's insurance companies made insurance payments of 432.1 million manat ($254.1 million) from January through June 2025.
The data obtained by Trend from the Central Bank (CBA) shows that this figure grew by 76.1 million manat ($44.7 million), or 21.4 percent, compared to the same period in 2024 (356 million manat, or $209.4 million).
Over the reporting period, the ranking on the volume of insurance payments was headed by PASHA Life Insurance OJSC with 263.6 million manat ($155 million).
The second position in the ranking was occupied by PASHA Insurance OJSC with total payments amounting to 64.9 million manat ($38.1 million), and the third position was taken by Ateshgah Life Insurance (32.3 million manat or $19 million).
Total payments of all insurance companies in Azerbaijan in the first six months of this year are shown below.
|
Company |
Payments |
|
PASHA Life Insurance OJSC |
263.5 million manat ($155 million) |
|
PASHA Insurance OJSC |
64.9 million manat ($38.1 million) |
|
Ateshgah Life Insurance Company OJSC |
32.3 million manat ($19 million) |
|
Ateshgah Insurance Company OJSC |
19.4 million manat ($11.4 million) |
|
Qala Insurance Company OJSC |
12.5 million manat ($7.3 million) |
|
Mega Insurance OJSC |
7.8 million manat ($4.5 million) |
|
Azerbaijan Industry Insurance OJSC |
5.9 million manat ($3.4 million) |
|
A-Group Insurance Company OJSC |
5.3 million manat ($3.1 million) |
|
Khalg Insurance OJSC |
4.7 million manat ($2.7 million) |
|
Agrar Insurance OJSC |
4.4 million manat ($2.5 million) |
|
Khalg Life Insurance OJSC |
3.2 million manat ($1.8 million) |
|
Mega Life Insurance OJSC |
2.8 million manat ($1.6 million) |
|
AtaInsurance OJSC |
2.5 million manat ($1.4 million) |
|
Qala Life Insurance Company OJSC |
1.2 million manat ($705,800) |
|
AzInsurance OJSC |
1 million manat ($588,200) |
|
Silk Way Insurance OJSC |
27,000 manat ($15,882) |
