New chairman of PAŞA Sığorta Board of Directors appointed

The chairman of the Board of Directors of PAŞA Sığorta has been replaced.

Central Bank chairman: Shortcomings in activities of insurance agents should be eliminated

The transition to a funded system in connection with compulsory car insurance in Azerbaijan is not expected in the near future.

New system comes into force today: who will issue a fine?

From June 1, that is, from today, citizens who have not insured their homes will be fined.

CBA chairman meets with insurance agents

A meeting with current insurance agents has been held at the Central Bank of Azerbaijan (CBA).

Insurance companies with this year’s decreased premiums

Following Jan-Apr 2023, out of 20 insurance companies in Azerbaijan, the premiums of 16 insurers increased and the premiums of four ones decreased against Jan-Apr 2022

Insurance companies with increased payments this year

It would be advisable to set lower tariffs - MP spoke about insurance

There were discontent about compulsory real estate insurance. Some experts believe that this is contrary to the law.

Insurance companies that ended last year with losses

Out of the 20 insurance companies operating in Azerbaijan, seven insurers finished last year with losses.

Insurers with decreasing net profit

Out of the 20 insurance companies operating in Azerbaijan, four insurers 4 had low (net) profit last year compared with the previous year.

Xalq Sığorta suffered losses of AZN 3 million for past 4 months

Azerbaijani insurance company Xalq Sığorta has published the report on premiums and compensation payments for Jan-Apr 2023.

Insurers that did not make financial profit last year

Seven out of the 20 insurance companies operating in Azerbaijan did not receive financial profit last year.

Insurance companies with decreasing profits

Four out of the 20 insurance companies operating in Azerbaijan had lower financial profit last year compared with the previous year.

Undocumented housing can also be insured

Insurance companies with rising costs - List

Expenses of seven out of 20 insurance companies operating in Azerbaijan were lower last year than a year earlier.

Insurers’ with authorized capital exceeding AZN 15 million

Out of the 20 insurance companies operating in Azerbaijan, five had authorized capital of at least AZN 15 million as of 1 January 2023.

List of insurance companies with reduced income

Out of the 20 insurance companies operating in Azerbaijan, eight ones had low incomes last year compared with the previous year.

Xalq Sığorta chairman of board replaced

The chairman of board of Xalq Sığorta has been replaced.

Changes in Günay Sığorta: newly-appointed chair removed from office

By Günay Sığorta shareholders’ decision, the chairman of board has been replaced again.

Heads of insurance companies replaced

The heads of insurance companies Meqa Sığorta and Meqa Həyat Sığorta have been replaced.

New chair appointed at Aqrar Sığorta

The chairman of board of joint insurance company Aqrar Sığorta has been replaced.

Real estate insurance system to be launched in near future

The new electronic real estate insurance system in Azerbaijan will be launched in the near future.