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Azerbaijan-based insurers ranking for market share of premiums

19 April 2018 15:28 (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-March 2018.

â„–	Insurers	Premiums (AZN)	Market share
1	“Pasha Insurance”	65,545,300	33.94%
2	“Pasha Life Insurance”	55,670,300	28.83%
3	“Ateshgah Life”	12,877,800	6.67%
4	“Meqa Insurance”	10,121,200	5.24%
5	“Ateshgah”	8,425,100	4.36%
6	“Silk Way Insurance”	6,601,400	3.42%
7	“AXA MBASK”	5,474,700	2.83%
8	"AzerSigorta"	4,608,900	2.39%
9	“AtaSigorta”	4,236,200	2.19%
10	“AZSIGORTA”	3,813,900	1.97%
11	“Qala Insurance”	3,698,600	1.92%
12	“Qala Life”	3,167,500	1.64%
13	“Azerbaijan Industry Insurance”	2,163,700	1.12%
14	“A-Group”	1,832,900	0.95%
15	“Standard Insurance”	1,637,300	0.85%
16	“Gunay Insurance”	1,422,500	0.74%
17	“Xalq Insurance”	1,270,900	0.66%
18	“Revan Insurance”	265,300	0.14%
19	“BakÄ± Insurance”	189,300	0.10%
20	"Nakhchivansigorta"	62,900	0.03%
21	“Amrah Insurance”	30,900	0.02%
	Total	193,116,500	100%