Property insurance premiums in Azerbaijan rise 30%

Property insurance premiums in Azerbaijan totaled 139.408 million manat ($82 million) in January-June 2026, Report informs, citing the Central Bank of Azerbaijan, CBA.

This is 30.3% more than in the same period of 2025.

During the reporting period, property insurance payouts amounted to 22.659 million manat ($13.3 million), up 12% year-on-year.

In the first six months of the year, 16.3 manat was paid out for every 100 manat collected in property insurance premiums. A year earlier, the figure was 18.9 manat.

In January-June 2026, Azerbaijan's 16 insurance companies collected 867.396 million manat ($510.2 million) in premiums, up 6.2% year-on-year.

Payouts by insurance companies amounted to 549.682 million manat ($323.3 million) during the reporting period, an increase of 27.2% compared with the same period last year.

In the first six months of the year, 63.4 manat was paid out for every 100 manat collected in the insurance market. In the same period last year, the figure was 52.9 manat.