BAKU, Azerbaijan, August 28. Azerbaijan's insurance companies collected 937.6 million manat ($551.5 million) in insurance premiums from January through July 2025.
The data obtained by Trend from the country's Central Bank indicates that this figure is 104.4 million manat ($61.4 million), or 12.5 percent more than the same period of 2024.
Additionally, during the reporting period, PASHA Life Insurance
OJSC topped the list with 433.8 million manat ($255.1 million) in
insurance premium collections.
PASHA Insurance OJSC came in second in the ranking, pulling in
total premium collections of 223.2 million manat ($131.2 million),
while Ateshgah Life Insurance OJSC took the third spot with 65.4
million manat ($38.4 million).
Total collections of all insurance companies in Azerbaijan in the reporting period are summarized below.
|
Company |
Collections |
|
PASHA Life Insurance |
433.8 million manat ($255.1 million) |
|
PASHA Insurance |
223.2 million manat ($131.2 million) |
|
Ateshgah Life Insurance Company |
65.4 million manat ($38.4 million) |
|
Qala Insurance Company |
53.7 million manat ($31.5 million) |
|
Ateshgah Insurance Company |
37 million manat ($21.7 million) |
|
Azerbaijan Industry Insurance |
18.9 million manat ($11.1 million) |
|
Mega Insurance |
18.8 million manat ($11 million) |
|
Khalg Insurance |
16.3 million manat ($9.5 million) |
|
Qala Life Insurance Company |
16.2 million manat ($9.5 million) |
|
Agrar Insurance |
13.4 million manat ($7.8 million) |
|
A-Group Insurance Company |
10 million manat ($5.8 million) |
|
Mega Life Insurance |
9.4 million manat ($5.5 million) |
|
Khalg Life Insurance |
6.1 million manat ($3.5 million) |
|
AtaInsurance |
5.6 million manat ($3.2 million) |
|
AzInsurance |
5.2 million manat ($3 million) |
|
Silk Way Insurance |
3.7 million manat ($2.1 million) |
