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.
The Insurance Industry in Azerbaijan, Key Trends and Opportunities to 2021
Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Industry Outlook
4.1 Industry Indicators
4.1.1 Gross written premium
4.1.2 Claims
5 Life Insurance Outlook
5.1 Individual Life Insurance
5.1.1 Gross written premium
5.2 Group Life Insurance
5.2.1 Gross written premium
6 Non-Life Insurance Outlook
6.1 Property Insurance
6.1.1 Gross written premium
6.1.2 Claims
6.2 Motor Insurance
6.2.1 Gross written premium
6.2.2 Claims
6.3 Liability Insurance
6.3.1 Gross written premium
6.3.2 Claims
6.4 Marine, Aviation and Transit Insurance
6.4.1 Gross written premium
6.4.2 Claims
7 Personal Accident and Health Insurance Outlook
7.1 Personal Accident Insurance
7.1.1 Gross written premium
7.1.2 Claims
7.2 Health Insurance
7.2.1 Gross written premium
7.2.2 Claims
7.3 Travel Insurance
7.3.1 Gross written premium
7.3.2 Claims
8 Reinsurance Outlook
8.1 Reinsurance Accepted
9 Distribution Channel Outlook
10 Natural and Man-Made Hazards
10.1 Flooding
10.2 Earthquake
10.3 Droughts
10.4 Extreme Temperature
10.5 Landslides
10.6 Exposure
11 Competitive Landscape
11.1 Company Profiles
11.1.1 Pasha Insurance Company JSC - company overview
11.1.2 Pasha Life Insurance JSC - company overview
11.1.3 Azerbaijan State Insurance Commercial Company - company overview
11.1.4 Ateshgah Insurance Company JSC - company overview
11.1.5 Ateshgah Life Insurance Company JSC - company overview
12 Databook
12.1 Life Insurance
12.1.1 Policies and premium
12.1.2 Claims and expenses
12.1.3 Individual life insurance
12.1.4 Individual life insurance by category
12.1.5 Group life insurance
12.2 Non-Life Insurance
12.2.1 Policies and premium
12.2.2 Claims and expenses
12.2.3 Property insurance
12.2.4 Property insurance by category
12.2.5 Motor insurance
12.2.6 Motor insurance by category
12.2.7 Liability insurance
12.2.8 Marine, aviation and transit insurance
12.3 Personal Accident and Health Insurance
12.3.1 Policies and premium
12.3.2 Claims and expenses
12.3.3 Personal accident insurance
12.3.4 Health insurance
12.3.5 Travel insurance
13 Definitions and Methodology
13.1 Definitions
13.2 Methodology
14 About Timetric
14.1 Contact Timetric
14.2 About Timetric
14.3 Timetric's Services
14.4 Disclaimer
List of Tables
Table 1: Azerbaijani Insurance Industry - Key Facts, 2016
Table 2: Azerbaijani Insurance Industry - Segment Shares of the Top Insurers, 2016
Table 3: Azerbaijani Government Credit Ratings
Table 4: Azerbaijani Insurance Industry - Gross Written Premium by Segment (AZN Million), 2012-2016
Table 5: Azerbaijani Insurance Industry - Gross Written Premium by Segment (AZN Million), 2016-2021
Table 6: Azerbaijani Insurance Industry - Gross Claims by Segment (AZN Million), 2012-2016
Table 7: Azerbaijani Insurance Industry - Gross Claims by Segment (AZN Million), 2016-2021
Table 8: Azerbaijani Individual Life Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
Table 9: Azerbaijani Individual Life Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
Table 10: Azerbaijani Group Life Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
Table 11: Azerbaijani Group Life Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
Table 12: Azerbaijani Property Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
Table 13: Azerbaijani Property Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
Table 14: Azerbaijani Property Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
Table 15: Azerbaijani Property Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
Table 16: Azerbaijani Motor Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
Table 17: Azerbaijani Motor Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
Table 18: Azerbaijani Motor Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
Table 19: Azerbaijani Motor Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
Table 20: Azerbaijani Liability Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
Table 21: Azerbaijani Liability Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
Table 22: Azerbaijani Liability Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
Table 23: Azerbaijani Liability Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
Table 24: Azerbaijani Marine, Aviation and Transit Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
Table 25: Azerbaijani Marine, Aviation and Transit Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
Table 26: Azerbaijani Marine, Aviation and Transit Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
Table 27: Azerbaijani Marine, Aviation and Transit Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
Table 28: Azerbaijani Personal Accident Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
Table 29: Azerbaijani Personal Accident Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
Table 30: Azerbaijani Personal Accident Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
Table 31: Azerbaijani Personal Accident Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
Table 32: Azerbaijani Health Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
Table 33: Azerbaijani Health Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
Table 34: Azerbaijani Health Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
Table 35: Azerbaijani Health Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
Table 36: Azerbaijani Travel Insurance - Gross Written Premium (AZN Million and US$ Million), 2012-2016
Table 37: Azerbaijani Travel Insurance - Gross Written Premium (AZN Million and US$ Million), 2016-2021
Table 38: Azerbaijani Travel Insurance - Gross Claims (AZN Million and US$ Million), 2012-2016
Table 39: Azerbaijani Travel Insurance - Gross Claims (AZN Million and US$ Million), 2016-2021
Table 40: Azerbaijani Reinsurance - Premium Accepted (AZN Million and US$ Million), 2012-2016
Table 41: Azerbaijani Reinsurance - Premium Accepted (AZN Million and US$ Million), 2016-2021
Table 42: Azerbaijani Average Annual Loss by Natural Hazards (US$ Million), 1990-2014
Table 43: Azerbaijan Natural and Man-made Hazards - Earthquake
Table 44: Azerbaijani Insurance Industry - Market Shares of Leading Insurers (%), 2016
Table 45: Pasha Insurance Company JSC - Key Facts
Table 46: Pasha Life Insurance JSC - Key Facts
Table 47: Azerbaijan State Insurance Commercial Company - Key Facts
Table 48: Ateshgah Insurance Company JSC- Key Facts
Table 49:Ateshgah Life Insurance Company JSC - Key Facts
Table 50: Azerbaijani Life Insurance - Policies and Premium, 2012-2016
Table 51: Azerbaijani Life Insurance - Policies and Premium, 2016-2021
Table 52: Azerbaijani Life Insurance - Claims and Expenses, 2012-2016
Table 53: Azerbaijani Life Insurance - Claims and Expenses, 2016-2021
Table 54: Azerbaijani Life Insurance - Individual Life Insurance, 2012-2016
Table 55: Azerbaijani Life Insurance - Individual Life Insurance, 2016-2021
Table 56: Azerbaijani Life Insurance - Individual Life Insurance by Category, 2012-2016
Table 57: Azerbaijani Life Insurance - Individual Life Insurance by Category, 2016-2021
Table 58: Azerbaijani Life Insurance - Group Life Insurance, 2012-2016
Table 59: Azerbaijani Life Insurance - Group Life Insurance, 2016-2021
Table 60: Azerbaijani Non-Life Insurance - Policies and Premium, 2012-2016
Table 61: Azerbaijani Non-Life Insurance - Policies and Premium, 2016-2021
Table 62: Azerbaijani Non-Life Insurance - Claims and Expenses, 2012-2016
Table 63: Azerbaijani Non-Life Insurance - Claims and Expenses, 2016-2021
Table 64: Azerbaijani Non-Life Insurance - Property Insurance, 2012-2016
Table 65: Azerbaijani Non-Life Insurance - Property Insurance, 2016-2021
Table 66: Azerbaijani Non-Life Insurance - Property Insurance by Category, 2012-2016
Table 67: Azerbaijani Non-Life Insurance - Property Insurance by Category, 2016-2021
Table 68: Azerbaijani Non-Life Insurance - Motor Insurance, 2012-2016
Table 69: Azerbaijani Non-Life Insurance - Motor Insurance, 2016-2021
Table 70: Azerbaijani Non-Life Insurance - Motor Insurance by Category, 2012-2016
Table 71: Azerbaijani Non-Life Insurance - Motor Insurance by Category, 2016-2021
Table 72: Azerbaijani Non-Life Insurance - Liability Insurance, 2012-2016
Table 73: Azerbaijani Non-Life Insurance - Liability Insurance, 2016-2021
Table 74: Azerbaijani Non-Life Insurance - Marine, Aviation and Transit Insurance, 2012-2016
Table 75: Azerbaijani Non-Life Insurance - Marine, Aviation and Transit Insurance, 2016-2021
Table 76: Azerbaijani Personal Accident and Health Insurance - Policies and Premium, 2012-2016
Table 77: Azerbaijani Personal Accident and Health Insurance - Policies and Premium, 2016-2021
Table 78: Azerbaijani Personal Accident and Health Insurance - Claims and Expenses, 2012-2016
Table 79: Azerbaijani Personal Accident and Health Insurance - Claims and Expenses, 2016-2021
Table 80: Azerbaijani Personal Accident and Health Insurance - Personal Accident Insurance, 2012-2016
Table 81: Azerbaijani Personal Accident and Health Insurance - Personal Accident Insurance, 2016-2021
Table 82: Azerbaijani Personal Accident and Health Insurance - Health Insurance, 2012-2016
Table 83: Azerbaijani Personal Accident and Health Insurance - Health Insurance, 2016-2021
Table 84: Azerbaijani Personal Accident and Health Insurance - Travel Insurance, 2012-2016
Table 85: Azerbaijani Personal Accident and Health Insurance - Travel Insurance, 2016-2021
Table 86: Insurance Industry Definitions
List of Figures
Figure 1: Azerbaijani Real GDP (AZN Billion), 2012-2021
Figure 2: Azerbaijani Consumer Price Inflation (%), 2012-2021
Figure 3: Azerbaijani Current Account Balance as Percentage of GDP (%), 2012-2021
Figure 4: Azerbaijani Exchange Rate, 2012-2021
Figure 5: Azerbaijani Unemployment Rate, 2012-2021
Figure 6: Azerbaijani Population by Age Group, 1990-2025
Figure 7: Azerbaijani Insurance Industry - Gross Written Premium by Segment (AZN Million), 2012-2021
Figure 8: Azerbaijani Insurance Industry - Gross Claims by Segment (AZN Million), 2012-2021
Figure 9: Azerbaijani Individual Life Insurance - Gross Written Premium (AZN Million), 2012-2021
Figure 10: Azerbaijani Group Life Insurance - Gross Written Premium (AZN Million), 2012-2021
Figure 11: Azerbaijani Property Insurance - Gross Written Premium (AZN Million), 2012-2021
Figure 12: Azerbaijani Property Insurance - Gross Claims (AZN Million), 2012-2021
Figure 13: Azerbaijani Motor Insurance - Gross Written Premium (AZN Million), 2012-2021
Figure 14: Azerbaijani Motor Insurance - Gross Claims (AZN Million), 2012-2021
Figure 15: Azerbaijani Liability Insurance - Gross Written Premium (AZN Million), 2012-2021
Figure 16: Azerbaijani Liability Insurance - Gross Claims (AZN Million), 2012-2021
Figure 17: Azerbaijani Marine, Aviation and Transit Insurance - Gross Written Premium (AZN Million), 2012-2021
Figure 18: Azerbaijani Marine, Aviation and Transit Insurance - Gross Claims (AZN Million), 2012-2021
Figure 19: Azerbaijani Personal Accident Insurance - Gross Written Premium (AZN Million), 2012-2021
Figure 20: Azerbaijani Personal Accident Insurance - Gross Claims (AZN Million), 2012-2021
Figure 21: Azerbaijani Health Insurance - Gross Written Premium (AZN Million), 2012-2021
Figure 22: Azerbaijani Health Insurance - Gross Claims (AZN Million), 2012-2021
Figure 23: Azerbaijani Travel Insurance - Gross Written Premium (AZN Million), 2012-2021
Figure 24: Azerbaijani Travel Insurance - Gross Claims (AZN Million), 2012-2021
Figure 25: Azerbaijani Reinsurance - Premium Accepted (AZN Million), 2012-2021
Figure 26: Azerbaijani Insurance Industry - Market Shares of Leading Insurers (%), 2016
Global Travel Insurance Market Research Report 2024
Published: 08-Jan-2024 Price: US 2900 Onwards Pages: 99
Travel insurance is a product focused on protecting policyholders against specified losses, accidents or other adverse events, which may occur before or during travel. Examples include trip cancellation/interruption, overseas medical expenses for injury or illness, theft of valuables, and baggage delay or damage. Many travel insurance policies also include The provision of emergency medical assistance services, such as call center operating 24 hours, seven days a week, and an international netwo......
Global Mobile Phone Insurance Ecosystem Market Research Report 2024
Published: 08-Jan-2024 Price: US 2900 Onwards Pages: 89
Mobile insurance refers to a type of insurance cover which is available to protect your mobile, iPhone or PDA in The event it is lost, stolen or accidentally damaged, either in The domestic area or overseas. Mobile insurance cover can be taken out on a monthly or annual basis paid by direct debit or in some cases by credit card, some insurers offer an automatic renewal service when The policy expires.
Insurance is a big part of The mobile ecosystem. Most major wireless carriers, insurance ......
Global Flood Insurance Market Research Report 2024
Published: 08-Jan-2024 Price: US 2900 Onwards Pages: 90
Flood insurance denotes The specific insurance coverage against property loss from flooding. To determine risk factors for specific properties, insurers will often refer to topographical maps that denote lowlands, floodplains and floodways that are susceptible to flooding.
The global Flood Insurance market was valued at US$ 12290 million in 2023 and is anticipated to reach US$ 34930 million by 2030, witnessing a CAGR of 15.9% during The forecast period 2024-2030.
USA is The l......
Global Travel Insurance Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 134
According to our LPI (LP Information) latest study, the global Travel Insurance market size was valued at US$ 20380 million in 2023. With growing demand in downstream market, the Travel Insurance is forecast to a readjusted size of US$ 32170 million by 2030 with a CAGR of 6.7% during review period.
The research report highlights the growth potential of the global Travel Insurance market. Travel Insurance are expected to show stable growth in the future market. However, product differenti......
Global Specialty Insurance Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 149
According to our LPI (LP Information) latest study, the global Specialty Insurance market size was valued at US$ 28270 million in 2023. With growing demand in downstream market, the Specialty Insurance is forecast to a readjusted size of US$ 38910 million by 2030 with a CAGR of 4.7% during review period.
The research report highlights the growth potential of the global Specialty Insurance market. Specialty Insurance are expected to show stable growth in the future market. However, produc......
Global Mobile Phone Insurance Ecosystem Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 109
According to our LPI (LP Information) latest study, the global Mobile Phone Insurance Ecosystem market size was valued at US$ 25010 million in 2023. With growing demand in downstream market, the Mobile Phone Insurance Ecosystem is forecast to a readjusted size of US$ 53430 million by 2030 with a CAGR of 11.5% during review period.
The research report highlights the growth potential of the global Mobile Phone Insurance Ecosystem market. Mobile Phone Insurance Ecosystem are expected to sho......
Global Professional Liability Insurance Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 159
According to our LPI (LP Information) latest study, the global Professional Liability Insurance market size was valued at US$ 42530 million in 2023. With growing demand in downstream market, the Professional Liability Insurance is forecast to a readjusted size of US$ 54210 million by 2030 with a CAGR of 3.5% during review period.
The research report highlights the growth potential of the global Professional Liability Insurance market. Professional Liability Insurance are expected to show......
Global Pet Insurance Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 124
According to our LPI (LP Information) latest study, the global Pet Insurance market size was valued at US$ 5313.1 million in 2023. With growing demand in downstream market, the Pet Insurance is forecast to a readjusted size of US$ 13300 million by 2030 with a CAGR of 14.0% during review period.
The research report highlights the growth potential of the global Pet Insurance market. Pet Insurance are expected to show stable growth in the future market. However, product differentiation, red......
Global Cyber Insurance Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 125
According to our LPI (LP Information) latest study, the global Cyber Insurance market size was valued at US$ 9121.2 million in 2023. With growing demand in downstream market, the Cyber Insurance is forecast to a readjusted size of US$ 74780 million by 2030 with a CAGR of 35.1% during review period.
The research report highlights the growth potential of the global Cyber Insurance market. Cyber Insurance are expected to show stable growth in the future market. However, product differentiat......
SERVICES
Value for Money
We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
Ever Growing Inventory
Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
One Stop Solution
Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
Dedicated Client Engagement
Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
Saving Time and Efforts
Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
Payment Flexibility
Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
Post-Purchase Research Support
Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements.
Subscription Offers & Packages (Get in touch with us for more details -
[email protected] / +1 888 391 5441 )
- Ad Hoc
-
- Pay - as - you - go / Bucket Subscriptions
- Fixed Cost for #of reports
- Customize / Personalize as per your needs
