Azerbaijan-based insurers ranking for market share of payments

Azerbaijan-based insurers ranking for market share of payments
# 28 April 2017 09:43 (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-March 2017.

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Insurers

Payment (AZN)

Market share

1

“Ateshgah Life”

20,574,088.10

34.12%

2

“Pasha Insurance”

9,121,751.00

15.12%

3

“PASHA Life Insurance”

7,755,288.78

12.86%

4

“Ateshgah”

3,666,071.57

6.08%

5

“Gala Life”

3,458,879.71

5.73%

6

“AzerSigorta”

3,153,280.00

5.22%

7

“AXA Mbask”

2,627,157.95

4.35%

8

“AzSigorta”

1,974,421.92

3.27%

9

“Standard Insurance”

1,776,291.43

2.94%

10

“A-Group Insurance”

1,736,773.20

2.88%

11

“Xalq Insurance”

1,250,753.04

2.07%

12

“Azerbaijan Industry Insurance”

1,224,042.04

2.03%

13

“AtaSigorta”

852,873.95

1.41%

14

“Meqa Insurance”

588,487.45

0.97%

15

“International Insurance Company”

201,020.78

0.33%

16

“Revan Insurance”

113,303.64

0.18%

17

“Baki Insurance”

91,172.42

0.15%

18

“Gunay Insurance”

71,026.43

0.11%

19

“Bashak Inam”

23,474.93

0.03%

20

“Amrah Insurance”

15,345.00

0.02%

21

“Gala Insurance”

8,570.00

0.01%

22

“Silk Way Insurance”

6,985.18

0.01%

23

“Azerqarant Insurance”

1,335.05

0.00%

Total

60,292,393.57

100.00%

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