Azerbaijan’s life insurance collections and payments climb in 3M2025

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April 27, 2025 05:28 (UTC +04: 00)

Azerbaijan's life insurance collections and payments climb in 3M2025


In the first quarter of 2025, Azerbaijan’s insurance sector showed strong growth, with total premiums rising by 7 percent to reach 399.1 million manat ($234.7 million). Life insurance premiums saw a notable 16.2 percent increase, totaling 168.5 million manat ($99.42 million), while insurance payouts also grew by 7 percent, amounting to 164 million manat ($96.4 million).



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