Azerbaijan's insurance market grows 34.2% in assets over 3 years, highlighting economic advancements and sector diversification.
Azerbaijan's insurance market has experienced significant growth, reflecting broader economic advancements and an evolving financial landscape. Over the past three years, the assets of the insurance sector have increased by 34.2%, and the balance capital has grown by 7.7%. Azerbaijan's insurance industry plays a critical role in the country's financial sector diversification and strengthening. The Azerbaijan International Insurance Forum-2024 emphasized the potential for further development within the sector.
June 20, 2024
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