Ranking of Azerbaijan's insurance companies by income in 1Q2026

№

Insurance companies

Revenues

(million manats)

Dynamics

1

PASHA Life Insurance

160.908

24.5%

2

PASHA Insurance

88.572

14.0%

3

Ateshgah Life Insurance

30.128

94.0%

4

Gala Insurance

20.769

-18.7%

5

Ateshgah Insurance

15.843

-1.0%

6

Azerbaijan Industrial Insurance

8.996

19.7%

7

Xalq Insurance

7.804

37.6%

8

Mega Insurance

7.570

-5.8%

9

Silkway Insurance

7.510

-4.7%

10

Gala Life Insurance

7.136

17.4%

11

A-Group Insurance

5.438

-2.6%

12

Xalq Life Insurance

4.532

11.8%

13

Mega Life Insurance

4.186

19.7%

14

Azinsurance

2.651

-5.7%

15

Agro Insurance

Did not declare

Did not declare