The life insurance sector brought AZN 383.11 millions of GWP, which is 26.13% more y-o-y. At the same time, its share in the market portfolio exceeded 45%. Non-life insurance generated AZN 460.79 million having much more moderate growth rates (+8.45%).
Voluntary types of insurance increased by 16.67%, and compulsory - by about 14% (in AZN).
Of the 20 active insurers, PASHA LIFE maintains its leadership in the market with a share of over 37% and GWP in the amount of AZN 313.01 million, PASHA Insurance holds the second place (AZN 179.23 million). It should be noted that composition of the top five remained unchanged, while their total share in the market portfolio exceeded 75%.
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