AZERBAIJAN: 82% of GWP for January-May collected by 5 insurers

29 June 2022 — Marina MAGNAVAL
For the period from January to May 2022, GWP of insurers amounted to AZN 426.63 million (EUR 234.41 million). At the same time, AZN 349.98 million or 82% were collected by 5 insurance companies, abc.az wrote.

According to ABC.AZ, these are: PASHA Hayat Sigorta (AZN 179.67 million), PASHA Sigorta (AZN 109.33 million), Qala Sigorta (AZN 23.51 million), Ateshgah Hayat Sigorta (AZN 21.96 million) and Xalq Sigorta (AZN 15.5 million).

Insurance companies with the lowest GWP for 5 months include Meqa Hayat Sigorta, Naxchivan Sigorta, Atasigorta, Baki Sigorta and Gunay Sigorta. These companies collected AZN 8.62 million, which is 2% of the total. GWP of the remaining 10 insurance companies amounted to AZN 68.03 million (16%).

* 1 EUR = 1.82 AZN (01.06.2022)



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