Azerbaijan
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Azerbaijan 3Q2019 Insurance Companies Rankings
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Latest news
AZERBAIJAN: Pasha Sigorta introduced the 1st international health insurance product in the country
The biggest local insurer Pasha Sigorta announced introduction of the 1st international health insurance product in Azerbaijan, according to the portal abc.az. At that maximal insurance amount within the product is USD 250 thousand and minimal premium is USD 769.
13 June 2018Azerbaijan: changes in the top-management of the Compulsory Insurers Bureau
Rashad AKHMEDOV is the new executive of the Azeri Compulsory Insurers Bureau (CIB), replacing Fariz AZIZOV, according to the Bureau's official report. Rashad AKHMEDOV officially assumed his duties from June 1, according to the report.
7 June 2018Insurance Conference in Azerbaijan - more than 100 leaders have confirmed their attendance. Have you registered yet?
20-21 June 2018 in Baku, will take place, at the Boulevard Hotel, the annual and most important insurance event within the region - "Insurance in Azerbaijan: New perspectives".
31 May 2018STATISTICS: AZERBAIJAN, 1Q2018: claims remained at the previous year's level while the premiums grew by more than 28%
Azeri insurers generated during Q1 2018 GWP by 28.16% more than a year before while paid claims remained just at the same level, - said the official report of the Financial Market Supervisory Authority of Azerbaijan.
30 May 2018Will compulsory MTPL tariffs change in Azerbaijan?
23 May 2018AZERBAIJAN: mandatory travel insurance under consideration
Association of insurers of Azerbaijan is planning introduction of mandatory travel insurance for arriving tourists, informed the Chairman of the Association, Mustafa ABBASBEILI.
23 May 2018AZERBAIJAN Insurers Association to create new committee
The Supervisory Board of the Azerbaijan Insurers Association (AIA) has decided to establish an intermediaries Committee under AIA, said a message from the AIA.
17 May 2018Azeri market is planning to revise MTPL tariffs and segmentation
The market needs revision of MTPL tariffs and it means not only increase, but also differentiation according to the country regions, believes Mustafa ABBASBEYLI, Chairman of the Azerbaijan Insurers Association (AIA).
17 May 2018AZERBAIJAN's Compulsory Insurance Bureau ends 2017 with profit
2 May 2018Azerbaijani insurance market increased by almost 30% during the 1st quarter
In the 1st quarter of 2018 insurance companies of Azerbaijan generated GWP up by 28.2% y-o-y, - said the official report of the Financial Market Supervisory Authority of Azerbaijan. Paid claims of the same period slightly exceeded the last year's figure.
25 April 2018Azerbaijani A-Qroup showed premium growth in the first quarter
A-Qroup based on its 2018 first quarter results saw a gross premium growth assessed at 13% - said the insurer's official report. Insurer's total premium volume amounted to AZN 1.83 million (EUR 0.87 million) in 1Q2018, thus exceeding the similar result of the previous year.
19 April 2018Assets of Azerbaijani insurance company increase
3 April 2018Azerbaijan's AzerSigorta completes 2017 with profit
3 April 2018Two companies collect over 60% of insurance premiums in Azerbaijan
28 March 2018AZERBAIJAN: PASHA Life announces of financial performances for 2017
PASHA Life's net profit in 2017 amounted to AZN 17.33 million, up 36.5% from 2016.
20 March 2018AZERBAIJAN sees rise in volume of insurance sector's assets
15 March 2018Insurance market of Azerbaijan in the beginning of 2018
PASHA Sigorta collected in January 2018 more insurance premiums than any other insurance company in Azerbaijan, according to the Financial Market Supervisory Authority (MBNP), January GWP amounting to AZN 41.23 million (EUR 20.14 million) or 49.8% of total in Azerbaijan.
8 March 2018AZERBAIJAN: A.M. Best Affirms Credit Ratings of PASHA Insurance OJSC
26 February 2018AZERBAIJAN's largest non-life insurance company to increase agricultural portfolio
26 February 2018AXA to sell its operations in Azerbaijan
France's AXA announced it had entered into an agreement with Elkhan GARIBLI to sell all its insurance operations in Azerbaijan.
20 February 2018
