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Azerbaijan-based insurers ranking for payments market share

18 May 2018 17:41 (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’ market share rate during January-April 2018

â„–	Insurers	Payments (AZN)	Market share
1	“Pasha Insurance”	18,343,100	23.37%
2	“Pasha Life Insurance”	17,926,600	22.84%
3	“Ateshgah Life”	7,834,500	9.80%
4	“Qala Life”	6,410,000	8.17%
5	“Ateshgah”	6,357,200	8.10%
6	AzerSigorta	5,045,300	6.43%
7	“AXA MBASK”	3,195,500	4.07%
8	“AZSIGORTA”	3,022,900	3.85%
9	“AtaSigorta”	2,519,900	3.21%
10	“A-Group”	2,244,200	2.86%
11	“Standard Insurance”	1,087,200	1.39%
12	“Xalq Insurance”	1,003,400	1.28%
13	“Gunay Insurance”	999,300	1.27%
14	“Meqa Insurance”	885,100	1.13%
15	“Azerbaijan Industry Insurance”	645,,000	0.82%
16	“Silk Way Insurance”	394,200	0.50%
17	“Qala Insurance”	347,200	0.44%
18	“Revan Insurance”	109,800	0.14%
19	“Baki Insurance”	107,000	0.14%
20	“Amrah Insurance”	17,700	0.02%
21	"Nakhchivansigorta"	2,900	0.0037%
22	Totel	78,498,000	100%