BAKU, Azerbaijan, August 28. Non-life insurance companies in Azerbaijan recorded total collections of 244.1 million manat ($143.5 million) from January through July 2025.
Data obtained by Trend from the Central Bank of Azerbaijan (CBA) indicates that this figure represents an increase of 20.8 million manat ($12.2 million), or 9.3 percent, compared to the same period last year.
Meanwhile, payouts for life insurance during the reporting
period came in at 76 million manat ($44.7 million), going up by 2.7
million manat ($1.5 million), or 3.7 percent from the previous
year.
Azerbaijan's insurance companies pulled in 937.6 million manat
($551.5 million) in insurance premiums from January through July
2025. This figure comes in at 104.4 million manat ($61.4 million),
which adds up to 12.5 percent more than the same period in
2024.
At the same time, in the first seven months of 2025, Azerbaijani insurance companies collected 529.3 million manat ($311.3 million) in insurance premiums. This is 90.7 million manat ($53.3 million), or 20.7 percent, more than the same period last year.
