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Azerbaijan-based insurers ranking for market share of premiums

26 September 2017 10:52 (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 premiums during January-August 2017.

â„–	Insurers	Premiums (AZN)	Market share
1	“Pasha Life”	10,148,8018.2	27.51%
2	“Pasha Insurance”	83,143,308.02	22.54%
3	“Ateshgah”	25,419,705.15	6.89%
4	“Ateshgah Life”	22,945,460.19	6.22%
5	“Azersigorta”	17,211,550.00	4.67%
6	“AzSigorta”	16,973,111.83	4.60%
7	“Silk Way Insurance”	16,118,152.36	4.37%
8	“AXAMBASK”	15,674,742.94	4.25%
9	“Qala Life”	12,882,168.24	3.49%
10	“MegaSigorta”	12,175,764.71	3.30%
11	“Standard Insurance”	9,399,701.70	2.55%
12	“Ata Insurance”	8,227,636.37	2.23%
13	“Gunay Insurance”	6,231,539.43	1.69%
14	“Gala Insurance”	5,829,808.11	1.58%
15	“Azerbaijan Industry Insurance”	5,635,195.86	1.53%
16	“Xalq Insurance”	4,826,332.91	1.31%
17	“A-Group Insurance”	3,248,341.72	0.88%
18	“Baki Insurance”	1,025,365.12	0.28%
19	“Revan Insurance”	372,797.33	0.10%
20	"Nakhchivansigorta"	52,894.69	0.01%
21	“Bashak Inam”	20,503.48	0.01%
22	“Amrah Insurance”	13,350.67	0.00%
	Total	368,915,448.98	100%