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/premiums rate during January-October 2017.
â„– |
Insurers |
Premiums
|
Payments |
Payment/premiums ratio |
1 |
“Amrah Insurance” |
15,982 |
58,384 |
3.65-fold |
2 |
“Ateshgah Life” |
27,881,117 |
41,019,968 |
1.47-fold |
3 |
“A-Group” |
4,810,666 |
6,431,168 |
1.33-fold |
4 |
“Qala Life” |
15,738,710 |
15,403,711 |
97.87% |
5 |
“Ravan Insurance” |
517,282 |
470,903 |
91.03% |
6 |
“Xalq Insurance” |
6,217,219 |
3,462,776 |
55.70% |
7 |
“AXA Mbask” |
19,201,684 |
10,492,180 |
54.64% |
8 |
“Azerbaijan Industry Insurance” |
6,466,027 |
2,973,561 |
45.99% |
9 |
“Standard Insurance” |
11,125,202 |
4,865,824 |
43.74% |
10 |
“Ateshgah” |
30,549,657 |
13,004,208 |
42.57% |
11 |
“Pasha Insurance” |
99,611,436 |
39,974,073 |
40.13% |
12 |
“AzSigorta” |
20,551,099 |
7,435,664 |
36.18% |
13 |
“AtaSigorta” |
11,136,178 |
3,691,958 |
33.15% |
14 |
“Pasha Life Insurance” |
123,370,842 |
39,845,771 |
32.30% |
15 |
“Azerasigorta” |
36,193,430 |
9,967,623 |
27.54% |
16 |
“Baki Insurance” |
1,163,032 |
231,563 |
19.91% |
17 |
“Mega Insurance” |
15,044,245 |
2,415,083 |
16.05% |
18 |
“Silk Way Insurance” |
16,845,007 |
1,785,090 |
10.60% |
19 |
“Gunay Insurance” |
8,150,277 |
832,003 |
10.21% |
20 |
"Nakhchivansigorta" |
79,664 |
8,015 |
10.06% |
21 |
“Qala Insurance” |
7,984,863 |
267,478 |
3.35% |
|
Total |
462,653,619 |
204,637,004 |
44.23% |