Report presents the ranking of insurance companies operating in Azerbaijan by the amount of their liabilities as of January 1, 2026:
| № | Insurance companies | Liabilities (million manats) | YoY change |
| 1 | PASHA Life Insurance | 688.859 | 0.8% |
| 2 | PASHA Insurance | 290.304 | 12.0% |
| 3 | Ateshgah Life Insurance | 129.374 | 23.6% |
| 4 | Gala Insurance | 60.917 | 9.3% |
| 5 | Ateshgah Insurance | 48.524 | -24.1% |
| 6 | Xalq Insurance | 29.631 | -0.5% |
| 7 | Mega Insurance | 27.737 | 1.4% |
| 8 | Azerbaijan Industry Insurance | 26.153 | 43.1% |
| 9 | Gala Life Insurance | 24.199 | 30.0% |
| 10 | Mega Life Insurance | 19.612 | -42.7% |
| 11 | A-Group Insurance | 15.981 | 13.6% |
| 12 | Xalq Life Insurance | 14.060 | 11.1% |
| 13 | Azinsurance | 10.732 | -9.6% |
| 14 | Agro Insurance | 7.762 | -36.7% |
| 15 | Silkway Insurance | 6.718 | -4.8% |
| 16 | Atainsurance | - | - |
| Total | 1,400.563 | 3.5% |
(1.7 AZN = 1 USD on April 10)