ABC.AZ reports, citing the Central Bank of Azerbaijan (CBA).
According to ABC.AZ, citing the Central Bank's annual Financial Stability Report, the share of ceded reinsurance premiums amounted to 8.4%. It is noted that 4.7% of ceded reinsurance premiums (or AZN 6.3 million) were for life insurance, while 95.3% (AZN 128.8 million) were for non-life.
In the life insurance segment, premiums ceded to reinsurance accounted for 0.97% of the premiums collected, and in the non-life insurance segment the share of reinsurance reached 15.1% of the premiums collected.
* 1 EUR = 2.0022 AZN (December 31st, 2025)
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