Licensed list · Asia-Pacific · Central Asia & Caucasus · AZ

Licensed insurance companies in Azerbaijan (2026)

VerifiedVerified against the CBAR register, checked 4 Sept 2026.

The 17 insurance companies licensed in Azerbaijan in 2026, as recorded by the Central Bank of Azerbaijan (CBAR), with the class of business and ownership each one is registered under.

Snapshot

By class of business

Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.

By ownership

  • Domestic private17 100%

“Cross-border groups” counts foreign multinationals and pan-regional groups; “domestically owned” counts domestic private, state-owned, mutual and captive entities. The register records the parent’s type, not its home market. How ownership is recorded

Licensed insurers in Azerbaijan

All 17 entities.

InsurerClassOwnershipGroupVerification
A-Group SigortaGGeneral (Non-life)Domestic privateA-GroupVerified
Aqrar Sigorta Joint Insurance Company OJSCXSpecialty / Credit / CaptiveDomestic private—Verified
Ateshgah InsuranceGGeneral (Non-life)Domestic privateAteshgahVerified
Ateshgah LifeLLifeDomestic privateAteshgahVerified
Azerbaijan Industrial Insurance (ASC)GGeneral (Non-life)Domestic privateASCVerified
AzRe ReinsuranceRReinsurerDomestic privateAzReVerified
AzSigorta OJSCGGeneral (Non-life)Domestic private—Verified
Baku SigortaGGeneral (Non-life)Domestic privateBakuVerified
Ipek Yolu Sigorta OJSCGGeneral (Non-life)Domestic private—Verified
Mega SigortaGGeneral (Non-life)Domestic privateMegaVerified
Meqa Hayat Sigorta OJSCLLifeDomestic private—Verified
Pasha InsuranceGGeneral (Non-life)Domestic privatePasha HoldingVerified
Pasha LifeLLifeDomestic privatePasha HoldingVerified
Qala HeyatLLifeDomestic privateQalaVerified
Qala SigortaGGeneral (Non-life)Domestic privateQalaVerified
Xalq Hayat Insurance Company OJSCLLifeDomestic private—Verified
Xalq SigortaGGeneral (Non-life)Domestic privateXalq BankVerified

Full table for Azerbaijan ↗

Regulatory intelligence: Azerbaijan

Read from the register, not written for this page: the supervisor’s regime, the source the list was checked against, and the market notes recorded alongside it.

Register source
Central Bank of the Republic of Azerbaijan, Register of insurers and reinsurers (Sığortaçıların və təkrarsığortaçıların reyestr məlumatları), XLSX linked from the Insurers and reinsurers page, retrieved 22 Sep 2026: 16 insurers and 1 reinsurer
Verification
Verified against the regulator register · Central Bank of the Republic of Azerbaijan, Register of insurers and reinsurers (Sığortaçıların və təkrarsığortaçıların reyestr məlumatları), XLSX linked from the Insurers and reinsurers page, retrieved 22 Sep 2026: 16 insurers and 1 reinsurer

No market event is recorded against this register for 2026. The regime and source above are the standing facts.

Governing legislation

  • Law on Insurance Activity, Article 95 · Institutional and insurance framework

    The Central Bank regulates and supervises insurance and maintains registers of insurers, intermediaries and other professional market participants.

Verification log

Reconciled against the CBAR register of insurers and reinsurers (retrieved 22 Sep 2026): 12 rows matched, 5 added (Ipek Yolu, AzSigorta, Xalq Hayat, Meqa Hayat, Aqrar Sigorta), 3 removed as not registered (Amrah, the state Azersigorta, Azerbaijan Export & Investment Insurance); no class changes.

For B2B teams and AI agents

The same rows as static JSON, no key, CORS open, CC BY 4.0. Paged files stay under 96 KB so an agent’s fetch tool never truncates them.

curl -s https://insurers.global/api/v1/countries/azerbaijan.json
curl -s https://insurers.global/api/v1/countries/azerbaijan/insurers/pages/1.json