Azerbaijan's insurance market picks up steam in 10M2025

Nov 26, 2025 - 18:00
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Azerbaijan's insurance market picks up steam in 10M2025
Azerbaijan’s 16 insurance companies collected 1.25 billion manat ($738.8 million) in premiums during the first ten months of 2025, up 12.9% from the same period last year. Payments by these companies reached 772.6 million manat ($454.47 million), reflecting a 24.2% increase year-on-year. The growth highlights a strengthening insurance sector in the country.