Azerbaijan’s non-life insurance collections grow in 3M2025

TheCyprus


Economy
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April 27, 2025 02:28 (UTC +04: 00)

Azerbaijan’s non-life insurance collections grow in 3M2025


In 1Q2025, Azerbaijani insurance companies collected 399.1 million manat ($234.7 million) in premiums—up 7 percent from last year—while non-life insurance premiums reached 129.8 million manat ($76.3 million), a 5.5 percent rise. Insurance payouts totaled 164 million manat ($96.4 million), also a 7 percent increase, despite a drop in non-life insurance claims.



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