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 rate during January-December 2017.
â„– |
Insurers |
Payments (manat) |
Growth (times and %) |
1 |
“Gunay Insurance” |
1,154,546.04 |
4.37 times |
2 |
“Ateshgah Life” |
55,046,153.06 |
2.03 times |
3 |
“AtaSigorta” |
5,020,016.86 |
1.42 times |
4 |
“Pasha Life Insurance” |
58,004,591.98 |
1.26 times |
5 |
“AXA MBASK” |
12,333,516.54 |
1.26 times |
6 |
“AzSigorta” |
9,112,596.39 |
1.18 times |
7 |
“Azerbaijan Industry Insurance” |
3,360,612.24 |
1.03times |
8 |
“A-Group” |
8,098,874.04 |
1.03 times |
9 |
“Ateshgah” |
15,794,315.91 |
100.39% |
10 |
“Pasha Insurance” |
43,439,060.83 |
91.57% |
11 |
“Qala Life” |
17,582,577.22 |
80.07% |
12 |
AzerSigorta |
12,370,915 |
76.52% |
13 |
“Mega Insurance” |
3,147,533.72 |
75.41% |
14 |
“Silk Way Insurance” |
1,788,886.16 |
67.42% |
15 |
“Standard Insurance” |
5,555,676.59 |
64.54% |
16 |
“Revan Insurance” |
546,891.34 |
63.96% |
17 |
“Xalq Insurance” |
3,965,208.89 |
60.42% |
18 |
“Baki Insurance” |
283,221.09 |
42.29% |
19 |
“Amrah Insurance” |
72,446.16 |
37.75% |
20 |
“Qala Insurance” |
423,725.63 |
- |
21 |
"Nakhchivansigorta" |
8,231.75 |
- |
* "Nakhchivansigorta" OJSC obtained licence on May 12, 2017.