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Azerbaijan-based insurers ranking for payments market share

17 November 2017 12:31 (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-October 2017.

â„–	Insurers	Payment (AZN)	Market share
1	“Ateshgah Life”	41,019,968	20.05%
2	“Pasha Insurance”	39,974,073	19.53%
3	“Pasha Life Insurance”	39,845,771	19.47%
4	“Qala Life”	15,403,711	7.53%
5	“Ateshgah”	13,004,208	6.35%
6	“AXA Mbask”	10,492,180	5.13%
7	AzerSigorta	9,967,623	4.87%
8	“AzSigorta”	7,435,664	3.63%
9	“A-Group Insurance”	6,431,168	3.14%
10	“Standard Insurance”	4,865,824	2.38%
11	“AtaSigorta”	3,691,958	1.80%
12	“Xalq Insurance”	3,462,776	1.69%
13	“Azerbaijan Industry Insurance”	2,973,561	1.45%
14	“Mega Insurance”	2,415,083	1.18%
15	“Silk Way Insurance”	1,785,090	0.87%
16	“Gunay Insurance”	832,003	0.41%
17	“Ravan Insurance”	470,903	0.23%
18	“Qala Insurance”	267,478	0.13%
19	“Baki Insurance”	231,563	0.11%
20	“Amrah Insurance”	58,384	0.03%
21	"Nakhchivansigorta"	8,015	0.00%
	Total	204,637,004	100%