Azerbaijan

Location:
Southwestern Asia, bordering the Caspian Sea, between Iran and Russia, with a small European portion north of the Caucasus range

Climate:
dry, semiarid steppe

Natural hazards:
Droughts




Currency: Manat (AZN)

1 EUR = 0.9522 Manat - AZN (December 31st, 2014)
1 EUR = 1.0780 Manat - AZN (December 31st, 2013)
1 EUR = 1.0377 Manat - AZN (December 31st, 2012)
1 EUR = 1.0178 Manat - AZN (December 31st, 2011)
1 EUR = 1.0560 Manat - AZN (December 31st, 2010)

Sources:
Central Bank of Azerbaijan Republic
Ministry of Finance of Republic of Azerbaijan
Azerbaijan Insurers Association (AIA)
Compulsory Insurance Bureau (CIB)

Insurance statistics

1H2017Market Portfolioxlsx
1H2017Insurance Companies Rankingsxlsx
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FY2016Market portfolioxlsx
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3Q2016Market Portfolioxlsx
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1H2016Market Portfolioxlsx
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4M2016Market Portfolioxlsx
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FY2015Market portfolioxlsx
FY2015Insurance Companies Rankingsxlsx
3Q2015Market Portfolioxlsx
3Q2015
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1H2015Market Portfolioxlsx
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1Q2015Market Portfolioxlsx
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FY2014Market portfolioxlsx
FY2014Insurance Companies Rankingsxlsx
3Q2014Market Portfolioxlsx
3Q2014Insurance Companies Rankingsxlsx
1H2014Insurance market overview pdf
1H2014Market Portfolioxlsx
1H2014Insurance Companies Rankingsxlsx
1Q2014Market portfolioxlsx
1Q2014Insurance Companies Rankingsxlsx
FY2013Insurance market overview pdf
FY2013Insurance Companies Rankingsxlsx
FY2013Market portfolioxlsx
3Q2013Market Portfolioxlsx
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1H2013Insurance market overview pdf
1H2013
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1Q2013Insurance Companies Rankingsxlsx
1Q2013Market Portfolioxlsx
FY2012Insurance market overview pdf
FY2012Insurance Companies Rankingsxlsx
FY2012Market portfolioxlsx
3Q2012Market Portfolioxlsx
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1H2012Insurance market overview pdf
1H2012Insurance Companies Rankingsxlsx
1H2012Market Portfolioxlsx
1Q2012Market Portfolioxlsx
1Q2012Insurance Companies Rankingsxlsx
FY2011Insurance market overview pdf
FY2011Market portfolioxlsx
FY2011Insurance companies rankingsxlsx
3Q2011Market portfolioxlsx
3Q2011Insurance companies rankingxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010Insurance market overviewpdf
2010Market portfolio and rankingsxls
1H2010Azer insurance market overviewpdf
1H2010Life insurance rankingsxls
1H2010Non-Life insurance rankings (total & main lines)xls

1H2017 Market Portfolio

1H2017 Insurance Companies Rankings

AZERBAIJAN: PASHA Insurance has moved their head office to a new location

PASHA Insurance company is ready to serve its customers in new location. PASHA Insurance announces that they have moved their head office to a new location - "Sahil Plaza" which is in 61, avenue M. Useynov, in front of Dalga Plaza. All of the departments and/or divisions (such as, board of directors, customer services, claims and legal services department) are located in head office.

AZERBAIJAN: PASHA Insurance are moving its head office to a new location

PASHA Insurance announces that they are moving their head office to a new location - "Sahil Plaza" which is in M. Useynov, 61 address.(in front of Dalga Plaza) All of the departments and/or divisions (such as, board of directors, customer services, claims and legal services department) will be located in head office.

AZERBAIJAN: PASHA Bank to enter SME market

VTB Bank (Azerbaijan) expanded preferential ATMs network by signing partnership agreement with PASHA Bank. Now banks won't charge fees for cash withdrawals at their ATMs from clients of the partner banks.

AZERBAIJAN: Licenses of 3 insurance companies revoked

Azerbaijan's Financial Market Supervisory Authority has revoked licenses of three insurance companies - the International Insurance Company, Azerqarant Insurance and Buta Insurance, the company said in a message Dec. 30.

AZERBAIJAN sets 5 goals to develop financial services by 2020

Azerbaijan has set five strategic objectives and 16 priorities for the development of financial services by 2020. The set objectives and priorities are reflected in the Strategic Road Map for Development of Financial Services in Azerbaijan, published Dec. 14.