List of insurance companies with reduced payments

Following Jan-May 2021 the payments of seven out of 21 insurance companies in Azerbaijan decreased. Since four companies (United Agricultural Insurance Company Aqrar Sığorta, Xalq Həyat Sığorta, Meqa Həyat Sığorta and Naxçıvan Sığorta) did not make payments for the corresponding period of last year, the dynamics of their payments was not registered.

banks.az reports that disappointing state in connection with decrease in payments is observed in Meqa Sığorta.

This company paid AZN 1.759 million for first 5 months (5.2% less than a year ago). And the best situation in terms of reducing payments is in Rəvan Sığorta, which left the market. Payments of this company decreased by 97.6% to AZN 98,000.