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    Azerbaijan’s insurance market picks up steam in 10M2025

    Azerbaijan’s insurance market picks up steam in 10M2025

    Shorouk Express


    Economy
    Materials
    26 November 2025 19:08 (UTC +04:00)

    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.

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