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AZERBAIJAN: FIMSA expects the market to overcome the last year's result
According to Ibrahim ALISHOV, executive director of the Azerbaijan Financial Market Supervisory Authority (FIMSA), GWP on the Azeri market in 2018 may exceed last year's figure.
4 October 201810 insurance companies of Azerbaijan provide over 90% of insurance payments on market
3 October 2018AZERBAIJAN: annual growth rate of premiums in January-August exceeded 40%
For the period of January-August, Azeri insurers' GWP amounted to AZN 516.924 million (+40.1% y-o-y), as the financial market supervisory authority reported. Paid claims reached AZN 168.582 million (+0.9%).
27 September 2018AZERBAIJAN: the insurance market in 2018 may reach AZN 600 million
The Azeri market will continue to grow in 2018 according to the Chairman of the Mediator Committee of the Azerbaijani Insurers Association (ASA), Hayal MAMEDHANLI. Based on his opinion, the market may reach AZN 600 million this year (AZN 30 million more than in 2017).
19 September 2018Azerbaijan to have new rules of regulating insurance cases
17 September 2018AZERBAIJAN's Central Bank to buy health insurance services via tender
9 September 2018French insurance group talks delay in sale of subsidiary in Azerbaijan
9 September 2018AZERBAIJAN: Compulsory health insurance to be fully implemented within the next 5 years
Compulsory health insurance in Azerbaijan will be fully implemented within five years, according to the director of the State Agency for Compulsory Health Insurance under the Cabinet of Ministers of Azerbaijan Zaur ALIYEV.
6 September 2018AZERBAIJAN: Voluntary insurance premiums for January-July amounted to 73% of the market
For the first 7 months of the year insurers of Azerbaijan generated GWP in the amount of AZN 459.9 million (~EUR 230.87 million). Total market paid claims for the period reached AZN 145.9 million (~EUR 73.24 million), according to The Financial Markets Supervision Chamber of Azerbaijan.
5 September 2018Azerbaijan sees rise in life insurance fees
29 August 2018Azerbaijan's insurance market to continue growth in 2018
18 August 2018Azerbaijan's insurance company increases authorized capital
18 August 2018French insurance company may sell its subsidiary in Azerbaijan
12 August 2018STATISTICS: AZERBAIJAN, H12018: life segment went up by almost 73% thanks to the growth of voluntary insurance
In the first half year Azeri insurers generated GWP almost 44% more if compared to the same period last year, while paid claims of the market dropped by 4.10%, based on the data, published by the Financial Market Supervisory Authority of Azerbaijan.
9 August 2018AZERBAIJAN: profit of AzSigorta for the first 6 months this year exceeded AZN 4 million
AzSigorta, one of the leading Azeri insurers, generated AZN 4.2 million* of net profit for the first half year 2018, according to the company's official report.
9 August 2018AZERBAIJAN: Compulsory Insurance Bureau summed up half year claims' results
Compulsory Insurance Bureau of Azerbaijan summed up half year results in terms of the total number of insurance events and paid claims, as informed on the official website of the Bureau.
17 July 2018Azerbaijan's Compulsory Insurance Bureau pays out over 300K manats
15 July 2018Minister: WHO offers assistance to Azerbaijan in use of compulsory medical insurance
7 July 2018Azerbaijani insurance company expects healthy competition in MTPL market
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4 July 2018Azerbaijan: Agricultural insurance scheme to be established by the end of the year
A new law on agricultural insurance may be adopted before year end in Azerbaijan, Executive Director of the Financial Markets Supervision Authority (FIMSA) Ibrahim ALYSHOV said at the conference "Insurance in Azerbaijan: New Prospects" , organized by XPRIMM and Azerbaijan Insurers Association in Baku.
28 June 2018XPRIMM Newsletter
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