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 = 1.8644 Manat - AZN (December 31st, 2016)
1 EUR = 1.7046 Manat - AZN (December 31st, 2015)
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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3Q2016Market Portfolioxlsx
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1H2016Market Portfolioxlsx
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4M2016Market Portfolioxlsx
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FY2015Insurance Companies Rankingsxlsx
3Q2015Market Portfolioxlsx
3Q2015
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1H2015Market 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
3Q2013Insurance Companies Rankingsxlsx
1H2013Insurance market overview pdf
1H2013
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FY2012Insurance market overview pdf
FY2012Insurance Companies Rankingsxlsx
FY2012Market portfolioxlsx
3Q2012Market Portfolioxlsx
3Q2012Insurance Companies Rankingsxlsx
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

See all statistics

AZERBAIJAN: Compulsory car insurance reduced by 10.2%

Over Jan-Mar the Compulsory Insurers Bureau registered 215,572 electronic insurance agreements on mandatory insurance of motor vehicle owner's liability. The CIB reports that 29,808 motor vehicles of them are foreign transit vehicles.

AZERBAIJAN: In 2016 banks ensured 73.2% of financial sector all assets

Domestic banks' assets occupied a dominant position in total assets of the financial sector of Azerbaijan for the past year. The government's report for 2016 says that the financial sector assets amounted to AZN 43 bn that is equal to 71.1% of the domestic gross product.

AZERBAIJAN sees rise in insurance assets

Azerbaijan's insurance assets recorded a significant growth in 2016. The total volume of the insurance sector assets in 2016 increased by 1.9 percent and made up 1.031 million manats as of January 1, 2017, according to the Cabinet of Ministers' report on activities for 2016, Day.Az reported.

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.