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Azerbaijan-based insurers ranking for payments growth rate

31 May 2017 10:34 (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 payments growth rate during January-April 2017.

â„–	Insurers	Payment (AZN)	Market share
1	“Ateshgah Life Insurance”	23,599,198.28	31.33%
2	“Pasha Insurance”	10,280,559.39	13.65%
3	“Pasha Life Insurance”	10,109,401.97	13.42%
4	“Ateshgah Insurance”	4,935,742.89	6.55%
5	“Gala Life Insurance”	4,935,229.85	6.55%
6	“Azersigorta” DSKSH	4,437,672.00	5.89%
7	“AXA Mbask”	3,273,915.22	4.35%
8	“AzSigorta”	2,588,578.61	3.44%
9	“A-Group”	2,533,158.09	3.36%
10	“Standard Insurance”	2,364,419.15	3.14%
11	“Xalq Insurance”	1,590,046.76	2.11%
12	“Azerbaijan Industry Insurance”	1,425,876.30	1.89%
13	“AtaSigorta”	1,098,912.00	1.46%
14	“Mega Insurance”	813,355.71	1.08%
15	“Silk Way Insurance”	779,263.86	1.03%
16	“Revan Insurance”	189,496.64	0.25%
17	“Gunay Insurance”	148,508.81	0.20%
18	“Baku Insurance”	139,207.63	0.18%
19	“Bashak-Inam”	33,523.03	0.04%
20	“Amrah Insurance”	25,941.16	0.03%
21	“Gala Insurance”	15,855.00	0.02%
22	“Azerqarant Insurance”	1,335.05	0.00%
23	“International Insurance Company”	-	-
	TOTAL	75,319,197.40	100.00%