Zurich Insurance also abandons Russia

Swiss insurance group Zurich Insurance is leaving Russia.

Insurance company Qala Sigorta sold

100% shareholder AzRe Təkrarsığorta has sold Qala Sığorta

Ex-advisor to minister starts working at Ateshgah Sigorta

Some changes in the Board of Directors of Ateshgah Sigorta have been reported

A big staff reduction in Bakı Sigorta – 86 people dismissed

Bakı Sigorta Company has drastically reduced the number of employees.

Insurance market net profit has sharply decreased

Amount of tax paid by insurers last year announced

State Insurance Company renews logo and brandbook

As part of the rebranding of the State Insurance Company, the company's logo and brandbook have been fully updated.

Compensations to be paid in connection with the fire in Sumgait

In connection with the fire in Azersun Industrial Park of Azersun Holding LLC, an insurance compensation will be paid in Gaji Zeynalabdin Tagiyev settlement in Sumgait.

List of insurers that gathered the least premiums over Jan-Mar

AZN 210.7 million (or 81.55%) of the total amount of premiums collected in Azerbaijan (AZN 258.425 million) over Jan-Mar 2022 accounted for five insurance companies

Insurers that compensated least of all for past 3 months

Out of AZN 61.228 million of insurance compensations paid in Azerbaijan for Jan-Mar 2022, AZN 46.428 million or 75.8% accounted for five insurers.