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Azerbaijan discusses expanding range of insurance products
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The next meeting has been held with the heads of insurance companies operating in Azerbaijan at the Central Bank of Azerbaijan (CBA).
Additionally, we exchanged views on initiatives aimed at expanding the range of insurance products, improving access to insurance services for individuals and businesses, and further advancing financial inclusion," the post noted.
Insurance companies operating in Azerbaijan collected 867.39 million manat ($510.23 million) in insurance premiums from January through June 2026.
During the reporting period, insurance payments totaled 549.68 million manat ($323.3 million), an increase of 117.5 million manat ($69 million), or 27.2%, compared to the same period last year.
The positive dynamics in the insurance market were also in the spotlight during the XI Azerbaijan International Insurance Forum (AIIF-2026) held in Baku.