Ranking of Azerbaijani insurers by capital on balance sheet (January 1, 2026)

Finance
  • 10 April, 2026
  • 16:32
Ranking of Azerbaijani insurers by capital on balance sheet (January 1, 2026)

Report News Agency presents the ranking of insurance companies operating in Azerbaijan by the amount of capital on the balance sheet as of January 1:

№

Insurance companies

Capital on balance sheet (million manats)

Dynamics

1

PASHA Life Insurance

141,686

3,9%

2

PASHA Insurance

95,153

3,4%

3

Xalq Insurance

63,853

7,8%

4

Gala Life Insurance

31,769

23,9%

5

Mega Insurance

29,735

1,8%

6

Gala Insurance

29,215

-6,6%

7

Ateshgah Life Insurance

19,632

-9,0%

8

Azinsurance

19,582

4,0%

9

Xalq Life Insurance

17,851

6,7%

10

Ateshgah Insurance

17,317

-4,4%

11

Mega Life Insurance

16,231

16,0%

12

Silkway Insurance

15,976

-2,2%

13

A-Group Insurance

14,459

6,1%

14

Azerbaijan Industry Insurance

9,573

-22,9%

15

Agro Insurance

2,288

-2,3%

16

Atainsurance

-

-

Cəmi

524,320

3,3%

* This company's license has been restricted, it is preparing to exit the market.

1 manat=$0.59 according to the exchange rates by the Central Bank of Azerbaijan (as of April 10)