Ranking of insurance companies in Azerbaijan by insurance payouts (January-August 2026)

Finance
  • 24 September, 2026
  • 12:02
Ranking of insurance companies in Azerbaijan by insurance payouts (January-August 2026)

Report presents the ranking of insurance companies operating in Azerbaijan by the amount of insurance payouts made in January-August 2026, based on data from the Central Bank of Azerbaijan.

No. Insurance company Insurance payouts (million manats) Annual change
1 PASHA Life Insurance 477.193 27.0%
2 PASHA Insurance 115.057 27.2%
3 Ateshgah Life Insurance 80.405 91.3%
4 Ateshgah Insurance 28.328 7.5%
5 Gala Insurance 16.254 -5.4%
6 Azerbaijan Industry Insurance 12.334 53.4%
7 Mega Insurance 11.306 7.6%
8 A-Group Insurance 8.522 18.7%
9 Xalq Insurance 6.494 -4.0%
10 Mega Life Insurance 4.278 20.5%
11 Xalq Life Insurance 3.279 -15.0%
12 Gala Life Insurance 3.271 55.1%
13 Atainsurance 3.203 -11.0%
14 Agro Insurance 1.708 -64.8%
15 Azinsurance 1.247 3.9%
16 Silkway Insurance 0.274 101.8%
Total 773.153 28.1%

The official exchange rate is 1 USD = 1.70 AZN.

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