Azerbaijan-based insurers ranking for payments growth rate

Azerbaijan-based insurers ranking for payments growth rate
  • Clock-gray 07:56
  • calendar-gray 31 October 2016

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 payments growth rate during January-September 2016.

 

â„–

Insurers

Insurance payments (AZN)

Market share

1

“Pasha Insurance”

33,159,900

19.86%

2

“Pasha life Insurance”

25,596,742

15.33%

3

“Ateshgah Life”

20,430,970

12.24%

4

“Qala Life”

19,001,140

11.38%

5

"Azersigorta"

12,532,450

  7.51%

6

“Ateshgah”

11,420,433

  6.84%

7

“AXA MBASK”

6,760,767

  4.05%

8

“Standard Insurance”

6,330,840

  3.79%

9

“A-Group Insurance”

6,073,549

  3.64%

10

“AzSigorta”

5,741,725

  3.44%

11

“Xalq Insurance”

4,478,072

  2.68%

12

“International Insurance Company”

2,731,284

  1.64%

13

“AtaSigorta”

2,536,445

  1.52%

14

“Azerbaijan Industry Insurance”

2,352,455

  1.41%

15

“Silk Way Insurance”

2,219,695

  1.33%

16

“Mega Insurance ”

2,103,272

  1.26%

17

“Buta Insurance”

1,198,235

  0.72%

18

“Alfa Insurance”

  811,624

  0.49%

19

“Revan Insurance”

  603,069

  0.36%

20

“Baki Insurance”

  560,308

  0.34%

21

“Bashak Inam Insurance

  128,791

  0.08%

22

“Amrah Insurance”

  126,750

  0.08%

23

“Azerqarant Insurance”

    98,779

  0.06%

24

“Gunay Insurance”

    72,412

  0.04%

25

“Qala Insurance”

0

 0%

 

TOTAL

166,971,916

100%

 

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