Bank Of Baku

Insurance premiums in Azerbaijan exceed 1.2 billion manat in first 10 months of 2025

Chairman of the Central Bank, Taleh Kazimov

© APA | Chairman of the Central Bank, Taleh Kazimov

# 19 November 2025 14:33 (UTC +04:00)

Insurance premiums for the first 10 months of 2025 amounted to 1.256 million manat, and insurance payments amounted to 773 million manat, said Chairman of the Central Bank, Taleh Kazimov, during the discussion of the draft law "On the State Budget of the Republic of Azerbaijan for 2026" at the plenary session of the Milli Majlis today, APA reports.

The Chairman of the Central Bank said that insurance premiums increased by 12.9%, and insurance payments by 24.2% compared to the same period last year. 76% of insurance premiums fell on voluntary and 24% on compulsory insurance types. 57% of insurance premiums were collected in the life insurance sector, and 43% in the non-life insurance sector.

"In the 10 months of 2025, the total volume of trading turnover in the securities market increased by 7% compared to the same period last year and amounted to 55 billion manat. The volume of transactions carried out in the government securities market during the period was 8.9 billion manat. During the reporting period, an issue of 17 billion manat was carried out under state registration of securities, and 74 corporate bond issues were approved," Taleh Kazimov noted.

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