Azerbaijan

Azerbaijan
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Azerbaijan
Location map
author: OCHA/ ReliefWeb


Location:
- Southwestern Asia, bordering the Caspian Sea, with a small European portion north of the Caucasus range.
- Neighbours: Turkey, Armenia, Georgia, Russia, Iran.

Climate:
- dry, semiarid steppe.

Natural hazards:
- droughts.

Macro indicators
* 2018 estimates
Surface:86,600km2
Population*:9.9million
Pop. density*:114.8people/km2
GDP*:39.7EUR billion
GDP/capita*:3,990.0EUR

Currency: Manat
Code: AZN
Since: 2006


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:47%
TOTAL NON-LIFE*:53%
Overall Property*:12%
Overall Motor*:17%

Sources:




 


Statistics

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Azerbaijan 1Q2022 Insurance Companies Ranking

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Azerbaijan 1Q2022 Market Portfolio


See all statistics

Latest news










AZERBAIJAN: in January-February the market rose 11% y-o-y

For the first two months of 2022, GWP of 20 insurance companies in Azerbaijan amounted to AZN 178.30 million (~EUR 93.65 million*), which is 11.1% more y-o-y. At that the insurers collected AZN 143.13 million (+21.6%) in voluntary insurance, ABC.AZ reports citing the Central Bank's figures.