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Azerbaijan’s property insurance market elevates in 4M2025

GenevaTimes by GenevaTimes
May 26, 2025
in Europe
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Azerbaijan’s property insurance market elevates in 4M2025
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Economy
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27 May 2025 01:37 (UTC +04:00)

Azerbaijan’s property insurance market elevates in 4M2025


From January through April 2025, Azerbaijani insurers collected 70.8 million manat ($41.6 million) in property insurance premiums. This is a jump of 6.6 percent when you stack it up against the same time last year. Insurance payments shot up by a whopping 33.2 percent, reaching a tidy sum of 13.4 million manat ($7.9 million) during the reporting period.

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