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

Finance
  • 24 September, 2026
  • 11:57
Ranking of insurance companies in Azerbaijan by premiums (January-August 2026)

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

No. Insurance company Insurance premiums (million manats) Annual change
1 PASHA Life Insurance 517.884 7.6%
2 PASHA Insurance 273.302 10.2%
3 Ateshgah Life Insurance 75.051 2.6%
4 Ateshgah Insurance 58.764 37.6%
5 Gala Insurance 41.696 -28.7%
6 Mega Insurance 24.115 5.4%
7 Mega Life Insurance 20.034 84.7%
8 Agro Insurance 19.425 26.2%
9 Xalq Insurance 18.324 1.5%
10 Gala Life Insurance 18.025 -14.4%
11 Azerbaijan Industry Insurance 17.969 -17.0%
12 A-Group Insurance 10.640 0.5%
13 Xalq Life Insurance 8.433 16.9%
14 Silkway Insurance 6.524 56.4%
15 Azinsurance 5.206 -9.2%
16 Atainsurance 0.003 -99.9%
Total 1,115.395 6.4%

The official exchange rate is 1 USD = 1.70 AZN.