16:34 - 26.05.2025
May 26, Fineko/abc.az. The published list of insurance payments for the first 4 months of 2025 once again showed the financial flows of the insurance sector and the level of customer service provided by companies.
ABC.AZ informs, referring to the monthly report of the Central Bank, based on the published figures, that the following conclusion can be drawn about the industry leaders and their general condition.
Pasha Life Insurance OJSC has once again maintained its leading position in the sector in terms of insurance payments. For Jan-Apr 2025, the company made payments in the amount of 129.595 million manats. This indicator once again confirmed that Pasha Hayat occupies dominant position in the field of life insurance.
PASHA Sıgorta, which took the 2nd place, achieved the best result with payments of 41.848 million manats. The company has built wide client portfolio for various types of non-life insurance products and has demonstrated stability in terms of payments. Ateshgah Group with both companies entered Top 5. Thus, Ateshgah Hayat Insurance Company OJSC paid 14.282 million manats, Ateshgah Insurance Company OJSC - 12.748 million manats. Both companies maintained their positions as market participants in vital and non-viable areas and continued their customer-oriented strategy.
Qala Sigorta OJSC is in 5th place, with payments amounting to 7.693 million manats. Mega Insurance OJSC is in 6th place with 5.64 million manats. Azerbaijan Industrial Insurance OJSC completed Top 10 with the payment of 4.15 million manats, A-Group Insurance Company JSC - 3.573 million manats, Aqrar Insurance JSC – 3.26 million manats, Xalq Insurance JSC – 2.797 million manats.
