AzSigorta's net profit increased by 7% last year

11:41 - 19.03.2025


March 19, Fineko/abc.az. AzSigorta OJSC completed 2024 with net profit of 1.694 million manats (7% more versus 2023 -profit of 1.582 million manats).

ABC.AZ informs that according to company's annual report, the total earnings of AzSigorta last year amounted to 13.3 million manats (36% less than a year earlier), total expenses - 10.874 million manats (41% less). In 2023, insurer’s overall revenues reached 20.342 million manats and total expenses - 18.364 million manats.

The total assets of the insurance company increased by 2.5% up to 30.7 million manats, the overall capital by 10% up to 18.832 million manats.

Last year, AzSigorta collected 8.578 million manats of premiums, while in 2023 the figure was 7.946 million manats.