During the reporting period, paid claims in mandatory insurance totaled AZN 11.75 million (~EUR 5.79 million), representing a 16.3% increase compared to the previous year, the source added.
*EUR 1 = AZN 2.03 (as of January 30, 2026)
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AZERBAIJAN: Mandatory insurance GWP decline, while paid claims rise in January
19 March 2026 — Marina MAGNAVAL
In January 2026, AZN 20.14 million (~EUR 9.92 million) were collected in mandatory insurance in Azerbaijan, which is 12.6% less y-o-y, Trend reports citing the Central Bank of Azerbaijan.
During the reporting period, paid claims in mandatory insurance totaled AZN 11.75 million (~EUR 5.79 million), representing a 16.3% increase compared to the previous year, the source added.
*EUR 1 = AZN 2.03 (as of January 30, 2026)
During the reporting period, paid claims in mandatory insurance totaled AZN 11.75 million (~EUR 5.79 million), representing a 16.3% increase compared to the previous year, the source added.
*EUR 1 = AZN 2.03 (as of January 30, 2026)
