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Ranking of insurance companies in Azerbaijan by expenses (2025)
- 10 April, 2026
- 17:18
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Report News Agency presents the ranking of insurance companies operating in Azerbaijan by the amount of their expenses last year:
| № | Insurance companies | Expenses (million manats) | YoY change |
| 1 | PASHA Life Insurance | 627.512 | 25.1% |
| 2 | PASHA Insurance | 299.414 | -0.1% |
| 3 | Ateshgah Life Insurance | 83.935 | 23.0% |
| 4 | Ateshgah Insurance | 69.804 | 6.6% |
| 5 | Gala Insurance | 69.714 | 16.4% |
| 6 | Mega Insurance | 31.946 | -3.3% |
| 7 | Azerbaijan Industry Insurance | 31.876 | 26.3% |
| 8 | Xalq Insurance | 25.999 | 3.6% |
| 9 | Agro Insurance | 22.170 | 75.6% |
| 10 | A-Group Insurance | 20.889 | -2.8% |
| 11 | Gala Life Insurance | 16.563 | -4.1% |
| 12 | Mega Life Insurance | 12.575 | 100.0% |
| 13 | Azinsurance | 11.069 | 1.8% |
| 14 | Xalq Life Insurance | 10.689 | -1.5% |
| 15 | Silkway Insurance | 6.306 | -13.1% |
| 16 | Atainsurance * | - | - |
| Cəmi | 1,340.461 | 15.1% |
* 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)
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