BAKU, Azerbaijan, August 28. Azerbaijan’s property insurance sector experienced notable growth from January through July 2025, with life insurance collections reaching 144.8 million manat ($85.1 million).
Data obtained by Trend from the Central Bank (CBA) shows this figure
went up by 14.7 million manat ($8.6 million), or 11.3 percent,
compared to the same period in 2024.
In the meantime, property insurance payouts came in at 372.6
million manat ($219.1 million), marking an increase of 5.8 million
manat ($3.4 million), or 30.8 percent, compared to the previous
year. All in all, insurance companies in Azerbaijan brought in
937.6 million manat ($551.5 million) in premiums and paid out a
total of 529.3 million manat ($311.3 million), showing increases of
12.5 percent and 20.7 percent, respectively, compared to last
year.
