Ranking of insurance companies in Azerbaijan by amount of premiums (1H2024)

Finance
  • 22 July, 2024
  • 09:51
Ranking of insurance companies in Azerbaijan by amount of premiums (1H2024)

Referring to the Central Bank of Azerbaijan, Report presents the ranking of insurance companies operating in the country regarding the amount of insurance premiums collected in the first half of 2024:

№

Insurance companies

Insurance premiums (in million manats)

Annual change

PASHA Life Insurance

339.807

20.6%

PASHA Insurance

171.121

4.7%

Gala Insurance

47.009

19.6%

Ateshgah Life Insurance

44.967

36.4%

Ateshgah Insurance

26.767

57.9%

Mega Insurance

17.884

12.5%

Azerbaijan Industrial Insurance

13.295

42.1%

Agro Insurance

11.184

-15.0%

Gala Life Insurance

10.945

-7.7%

Xalq Insurance

10.787

-10.4%

A-Group Insurance

8.776

-12.4%

Ata Insurance

5.173

-4.4%

Azinsurance

5.226

8.5%

Xalq Life Insurance

4.973

6.5%

Mega Life Insurance

4.346

122.6%

Silk Way Insurance

1.546

-1.8%

Baku Insurance

1.356

-53.0%

Insurers whose licenses have been revoked

-

-100.0%

Total

725.162

11.7%

($1 = 1.7 AZN on July 22)

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