12:41 - 27.10.2026

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October 27, Fineko/abc.az. In the first 9 months of 2026, the loss ratio for compulsory car insurance in Meqa Sığorta increased sharply, reaching 106.77% (96.37% for Jan-Sept 2025).

At that, company's accrued premiums for this type of insurance dropped by 36.6% (4.3 million manats) year-on-year, reaching 7.43 million manats and compensation payments by 4.5% to 7.48 million manats.

As premiums decreased more than payments, the latter exceeded the accrued premiums by 51,830 manats. In other words, for every 100 manats of insurance premiums collected, 100.7 manats of payments were made.

Although compulsory car insurance made up 27.3% of company's total premiums, this type of insurance made up 59.8% of all compensation payments.