Azerbaijan-based insurers ranking for market share of payments

Azerbaijan-based insurers ranking for market share of payments
# 17 March 2017 15:45 (UTC +04:00)

APA-Economics regularly provides ranking of Azerbaijan-based financial organizations for their various figures and financial performance. In the table below, insurers are ranked by market share of payments during January-February 2017.

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Insurers

Payments (AZN)

Market share

1

“Ateshgah Life”

17,135,831.76

39.07%

2

“Pasha Life Insurance”

6,787,401.47

15.48%

3

“Pasha Insurance”

6,119,304.09

13.95%

4

“Qala Life”

2,320,381.48

5.29%

5

“Ateshgah”

2,319,544.12

5.29%

6

Azersigorta

1,709,357.00

3.90%

7

“AXA Mbask”

1,688,151.43

3.85%

8

“Standard Insurance”

1,260,281.13

2.87%

9

“AzSigorta”

1,242,319.23

2.83%

10

“A-Group”

1,075,056.18

2.45%

11

“AtaSigorta”

529,868.48

1.21%

12

“Xalq Insurance”

471,899.80

1.08%

13

“Azerbaijan Industry Insurance”

464,067.29

1.06%

14

“Meqa Insurance”

362,164.93

0.83%

15

“International Insurance Company”

166,749.85

0.38%

16

“Bakı Insurance ”

60,946.59

0.14%

17

“Revan Sigorta”

58,941.67

0.13%

18

“Gunay Insurance”

56,608.15

0.13%

19

“Bashak Inam”

12,738.02

0.03%

20

“Qala Insurance”

7,160.00

0.02%

21

“Silk Way Insurance”

4,314.55

0.01%

22

“Amrah Insurance”

4,100.00

0.01%

23

“Azerqarant Insurance”

1,335.05

0.00%

Total

43,858,522.27

100%

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