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Azerbaijan-based insurers ranking for premiums growth rate

31 October 2016 07:48 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. 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 premiums growth rate during January-September 2016.

â„–	Insurers	Premiums (AZN)	Market share
1	Pasha Insurance	81,220,485	20.81%
2	Pasha Life Insurance	61,803,056	15.83%
3	Azersigorta	36,614,546	9.38%
4	Ateshgah	30,246,369	7.75%
5	Ateshgah Life	27,896,806	7.15%
6	Qala Life	26,373,765	6.76%
7	Mega Insurance	18,631,455	4.77%
8	Silk Way Insurance	18,266,210	4.68%
9	Standard Insurance	17,423,863	4.46%
10	AXA MBASK	17,276,470	4.43%
11	AzSigorta	16,280,444	4.17%
12	Xalq Insurance	8,254,936	2.11%
13	AtaSigorta	7,798,280	2.00%
14	Azerbaijan Industry Insurance	5,175,819	1.33%
15	International Insurance Company	3,900,279	1.00%
16	Qala Insurance	3,730,685	0.96%
17	A-Group Insurance	3,110,212	0.80%
18	Gunay Insurance	2,307,759	0.59%
19	Alfa Insurance	1,021,138	0.26%
20	Revan Insurance	828,149	0.21%
21	Baki Insurance	794,615	0.20%
22	Buta Insurance	593,951	0.15%
23	Bashak Inam Insurance	500,119	0.13%
24	Azerqarant Insurance	238,040	0.06%
25	Amrah Insurance	49,561	0.01%
	Total	390,337,011	100%