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Azerbaijan-based insurers ranking for market share of payments

19 April 2018 15:35 (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 2018.

â„–	Insurers	Payments (AZN)	Market share
1	“Pasha Life Insurance”	16,122,300	26.74%
2	“Pasha Insurance”	12,188,400	20.21%
3	“Ateshgah Life”	6,310,900	10.47%
4	“Qala Life”	5,524,600	9.16%
5	“Ateshgah”	4,555,000	7.55%
6	AzerSigorta	3,502,100	5.81%
7	“AXA MBASK”	2,447,900	4.06%
8	“AZSIGORTA”	2,279,800	3.78%
9	“AtaSigorta”	1,832,200	3.04%
10	“A-Group”	1,693,300	2.81%
11	“Standard Insurance”	747,300	1.24%
12	“Gunay Insurance”	706,800	1.17%
13	“Meqa Insurance”	622,600	1.03%
14	“Xalq Insurance”	600,900	1.00%
15	“Azerbaycan Industry Insurance”	410,300	0.68%
16	“Silk Way Insurance”	325,800	0.54%
17	“Qala Insurance”	261,600	0.43%
18	“Baki Insurance”	77,800	0.13%
19	“Revan Insurance”	75,300	0.12%
20	“Amrah Insurance”	9,300	0.02%
21	"Nakhchivansigorta"	-	0%
22	Total		100%