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The Insurance Industry in Azerbaijan, Key Trends and Opportunities to 2021

  • Key Facts and Highlights
    • Table Azerbaijani Insurance Industry - Key Facts, 2016
    • Table Azerbaijani Insurance Industry - Segment Shares of the Top Insurers, 2016
  • Executive Summary
  • Economy and Demographics
    • Table Azerbaijani Government Credit Ratings
  • Industry Outlook
    • Industry Indicators
      • Gross written premium
        • Table Azerbaijani Insurance Industry - Gross Written Premium by Segment (AZN Million), 2012-2016
        • Table Azerbaijani Insurance Industry - Gross Written Premium by Segment (AZN Million), 2016-2021
      • Claims
        • Table Azerbaijani Insurance Industry - Gross Claims by Segment (AZN Million), 2012-2016
        • Table Azerbaijani Insurance Industry - Gross Claims by Segment (AZN Million), 2016-2021
  • Life Insurance Outlook
    • Individual Life Insurance
      • Gross written premium
        • Table Azerbaijani Individual Life Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Individual Life Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
    • Group Life Insurance
      • Gross written premium
        • Table Azerbaijani Group Life Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Group Life Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
  • Non-Life Insurance Outlook
    • Property Insurance
      • Gross written premium
        • Table Azerbaijani Property Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Property Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
      • Claims
        • Table Azerbaijani Property Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Property Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
    • Motor Insurance
      • Gross written premium
        • Table Azerbaijani Motor Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Motor Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
      • Claims
        • Table Azerbaijani Motor Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Motor Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
    • Liability Insurance
      • Gross written premium
        • Table Azerbaijani Liability Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Liability Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
      • Claims
        • Table Azerbaijani Liability Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Liability Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
    • Marine, Aviation and Transit Insurance
      • Gross written premium
        • Table Azerbaijani Marine, Aviation and Transit Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Marine, Aviation and Transit Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
      • Claims
        • Table Azerbaijani Marine, Aviation and Transit Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Marine, Aviation and Transit Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
  • Personal Accident and Health Insurance Outlook
    • Personal Accident Insurance
      • Gross written premium
        • Table Azerbaijani Personal Accident Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Personal Accident Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
      • Claims
        • Table Azerbaijani Personal Accident Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Personal Accident Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
    • Health Insurance
      • Gross written premium
        • Table Azerbaijani Health Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Health Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
      • Claims
        • Table Azerbaijani Health Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Health Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
    • Travel Insurance
      • Gross written premium
        • Table Azerbaijani Travel Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Travel Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
      • Claims
        • Table Azerbaijani Travel Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
        • Table Azerbaijani Travel Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
  • Reinsurance Outlook
    • Reinsurance Accepted
      • Table Azerbaijani Reinsurance - Premium Accepted (AZN Million and US$ Million), 2012-2016
      • Table Azerbaijani Reinsurance - Premium Accepted (AZN Million and US$ Million), 2016-2021
  • Distribution Channel Outlook
  • Natural and Man-Made Hazards
    • Table Azerbaijani Average Annual Loss by Natural Hazards (US$ Million), 1990-2014
    • Flooding
    • Earthquake
      • Table Azerbaijan Natural and Man-made Hazards - Earthquake
    • Droughts
    • Extreme Temperature
    • Landslides
    • Exposure
  • Competitive Landscape
    • Table Azerbaijani Insurance Industry - Market Shares of Leading Insurers (%), 2016
    • Company Profiles
      • Pasha Insurance Company JSC - company overview
        • Table Pasha Insurance Company JSC - Key Facts
      • Pasha Life Insurance JSC - company overview
        • Table Pasha Life Insurance JSC - Key Facts
      • Azerbaijan State Insurance Commercial Company - company overview
        • Table Azerbaijan State Insurance Commercial Company - Key Facts
      • Ateshgah Insurance Company JSC - company overview
        • Table Ateshgah Insurance Company JSC- Key Facts
      • Ateshgah Life Insurance Company JSC - company overview
        • Table Ateshgah Life Insurance Company JSC - Key Facts
  • Databook
    • Life Insurance
      • Policies and premium
        • Table Azerbaijani Life Insurance - Policies and Premium, 2012-2016
        • Table Azerbaijani Life Insurance - Policies and Premium, 2016-2021
      • Claims and expenses
        • Table Azerbaijani Life Insurance - Claims and Expenses, 2012-2016
        • Table Azerbaijani Life Insurance - Claims and Expenses, 2016-2021
      • Individual life insurance
        • Table Azerbaijani Life Insurance - Individual Life Insurance, 2012-2016
        • Table Azerbaijani Life Insurance - Individual Life Insurance, 2016-2021
      • Individual life insurance by category
        • Table Azerbaijani Life Insurance - Individual Life Insurance by Category, 2012-2016
        • Table Azerbaijani Life Insurance - Individual Life Insurance by Category, 2016-2021
      • Group life insurance
        • Table Azerbaijani Life Insurance - Group Life Insurance, 2012-2016
        • Table Azerbaijani Life Insurance - Group Life Insurance, 2016-2021
    • Non-Life Insurance
      • Policies and premium
        • Table Azerbaijani Non-Life Insurance - Policies and Premium, 2012-2016
        • Table Azerbaijani Non-Life Insurance - Policies and Premium, 2016-2021
      • Claims and expenses
        • Table Azerbaijani Non-Life Insurance - Claims and Expenses, 2012-2016
        • Table Azerbaijani Non-Life Insurance - Claims and Expenses, 2016-2021
      • Property insurance
        • Table Azerbaijani Non-Life Insurance - Property Insurance, 2012-2016
        • Table Azerbaijani Non-Life Insurance - Property Insurance, 2016-2021
      • Property insurance by category
        • Table Azerbaijani Non-Life Insurance - Property Insurance by Category, 2012-2016
        • Table Azerbaijani Non-Life Insurance - Property Insurance by Category, 2016-2021
      • Motor insurance
        • Table Azerbaijani Non-Life Insurance - Motor Insurance, 2012-2016
        • Table Azerbaijani Non-Life Insurance - Motor Insurance, 2016-2021
      • Motor insurance by category
        • Table Azerbaijani Non-Life Insurance - Motor Insurance by Category, 2012-2016
        • Table Azerbaijani Non-Life Insurance - Motor Insurance by Category, 2016-2021
      • Liability insurance
        • Table Azerbaijani Non-Life Insurance - Liability Insurance, 2012-2016
        • Table Azerbaijani Non-Life Insurance - Liability Insurance, 2016-2021
      • Marine, aviation and transit insurance
        • Table Azerbaijani Non-Life Insurance - Marine, Aviation and Transit Insurance, 2012-2016
        • Table Azerbaijani Non-Life Insurance - Marine, Aviation and Transit Insurance, 2016-2021
    • Personal Accident and Health Insurance
      • Policies and premium
        • Table Azerbaijani Personal Accident and Health Insurance - Policies and Premium, 2012-2016
        • Table Azerbaijani Personal Accident and Health Insurance - Policies and Premium, 2016-2021
      • Claims and expenses
        • Table Azerbaijani Personal Accident and Health Insurance - Claims and Expenses, 2012-2016
        • Table Azerbaijani Personal Accident and Health Insurance - Claims and Expenses, 2016-2021
      • Personal accident insurance
        • Table Azerbaijani Personal Accident and Health Insurance - Personal Accident Insurance, 2012-2016
        • Table Azerbaijani Personal Accident and Health Insurance - Personal Accident Insurance, 2016-2021
      • Health insurance
        • Table Azerbaijani Personal Accident and Health Insurance - Health Insurance, 2012-2016
        • Table Azerbaijani Personal Accident and Health Insurance - Health Insurance, 2016-2021
      • Travel insurance
        • Table Azerbaijani Personal Accident and Health Insurance - Travel Insurance, 2012-2016
        • Table Azerbaijani Personal Accident and Health Insurance - Travel Insurance, 2016-2021
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

The Insurance Industry in Azerbaijan, Key Trends and Opportunities to 2021

Synopsis

Timetric’s 'The Insurance Industry in Azerbaijan, Key Trends and Opportunities to 2021' report provides detailed analysis of the market trends, drivers and challenges in the Azerbaijani insurance industry.

It provides key performance indicators such as written premium and claims during the review period (2012–2016) and forecast period (2016–2021).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Azerbaijani economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetric’s 'The Insurance Industry in Azerbaijan, Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Azerbaijan insurance industry, including:

  • The Azerbaijani insurance industry's growth prospects by segment and category
  • A comprehensive overview of Azerbaijani economy and demographics
  • The detailed competitive landscape in the Azerbaijani insurance industry
  • The various distribution channels in the Azerbaijani insurance industry
  • Detailed regulatory policies of the Azerbaijani insurance industry
  • Analysis of natural hazards in Azerbaijani insurance industry
Scope

This report provides a comprehensive analysis of the insurance industry in Azerbaijan:
  • It provides historical values for the Azerbaijani insurance industry for the report’s 2012–2016 review period, and projected figures for the 2016–2021 forecast period.
  • It offers a detailed analysis of the key segments in the Azerbaijani insurance industry, along with market forecasts until 2021.
  • It covers an exhaustive list of parameters, including written premium and claims.
  • It analyzes the various distribution channels in Azerbaijan.
  • It profiles the top insurance companies in Azerbaijan and outlines the key regulations affecting them.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Azerbaijani insurance industry and each segment and category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Azerbaijani insurance industry.
  • Assess the competitive dynamics in the Azerbaijani insurance industry.
  • Identify the growth opportunities and market dynamics in key segments.
  • Gain insights into key regulations governing the Azerbaijani insurance industry and their impact on companies and the industry's future.
Key Highlights
  • On June 15, 2017, Pasha Insurance introduced a new product for travelers called ‘Property Insurance while traveling’, through which travelers can insure a trip with special property insurance.
  • On April 18, 2017, Pasha Insurance started new voluntary medical insurance for tourists visiting Azerbaijan for the first time.
  • In December 2016, the government started a strategic roadmap to improve the economy and develop 11 key sectors. This strategic roadmap is set to achieve medium and long-term goals through sustained development.
  • The Azerbaijan State Agency for Compulsory Health Insurance will introduce a pilot project for the introduction of mandatory health insurance by 2017.


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