11:11 - 2.04.2025

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April 2, Fineko/abc.az. Xalq Həyat Sığorta OJSC completed 2024 with profit of 1.728 million manats. Company's profit in 2023 amounted to 1.983 million manats (13% less than a year earlier).

ABC.AZ reports that according to company's financial statements, last year the total revenues of Xalq Həyat Sığorta totaled 13.1 million manats, and the total expenses - 10.855 million manats.

In 2023, insurer’s overall earnings reached 10.687 million manats and total expenses - 8.95 million manats.

As of January 1, 2025, the assets of Xalq Həyat Sığorta amounted to 29.386 million manats (7.2% less than 1 year ago).

Xalq Həyat Sığorta was established in 2018.The authorized capital of the company is 15 million manats. Its shares are 100% owned by Xalq Sığorta OJSC.