Report presents the ranking of insurance companies operating in Azerbaijan by the amount of insurance payouts made in January-August 2026, based on data from the Central Bank of Azerbaijan.
| No. | Insurance company | Insurance payouts (million manats) | Annual change |
|---|---|---|---|
| 1 | PASHA Life Insurance | 477.193 | 27.0% |
| 2 | PASHA Insurance | 115.057 | 27.2% |
| 3 | Ateshgah Life Insurance | 80.405 | 91.3% |
| 4 | Ateshgah Insurance | 28.328 | 7.5% |
| 5 | Gala Insurance | 16.254 | -5.4% |
| 6 | Azerbaijan Industry Insurance | 12.334 | 53.4% |
| 7 | Mega Insurance | 11.306 | 7.6% |
| 8 | A-Group Insurance | 8.522 | 18.7% |
| 9 | Xalq Insurance | 6.494 | -4.0% |
| 10 | Mega Life Insurance | 4.278 | 20.5% |
| 11 | Xalq Life Insurance | 3.279 | -15.0% |
| 12 | Gala Life Insurance | 3.271 | 55.1% |
| 13 | Atainsurance | 3.203 | -11.0% |
| 14 | Agro Insurance | 1.708 | -64.8% |
| 15 | Azinsurance | 1.247 | 3.9% |
| 16 | Silkway Insurance | 0.274 | 101.8% |
| Total | 773.153 | 28.1% |
The official exchange rate is 1 USD = 1.70 AZN.