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Azerbaijan-based insurers ranking for payment growth rate

21 February 2018 14:17 (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 2018.

â„–	Insurers	Payments (AZN)	Market
1	“Pasha Insurance”	4,869,400	21.18%
2	“Ateshgah Life”	4,373,000	19.02%
3	“Pasha Life Insurance”	3,810,600	16.58%
4	“Qala Life”	3,258,700	14.18%
5	“Ateshgah”	1,677,600	7.30%
6	“AXA MBASK”	865,500	3.76%
7	“AZSIGORTA”	689,000	3.00%
8	“AtaSigorta”	607,000	2.64%
9	"AzerSigorta"	584,200	2.54%
10	“A-Group”	467,600	2.03%
11	“Silk Way Insurance”	316,500	1.38%
12	“Standard Insurance”	311,100	1.35%
13	“Gunay Insurance”	289,500	1.26%
14	“Meqa Insurance”	245,000	1.07%
15	“Azerbaijan Industry Insurance”	237,100	1.03%
16	“Xalq Insurance”	236,700	1.03%
17	“Qala Insurance”	107,600	0.47%
18	“Baki Insurance”	27,800	0.12%
19	“Revan Insurance”	10,400	0.05%
20	“Amrah Insurance”	3,900	0.02%
21	"Nakhchivansigorta"	-	0%
22	TOTAL	22,988,100	100%