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Azerbaijan-based insurers ranking for payments growth rate

18 May 2018 17:51 (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’ growth rate during January-April 2018

â„–	Insurers	Payments (AZN)	Growth
1	“Qala Insurance” OJSC	4,766,500	20.89 times
2	“Gunay Insurance” OJSC	2,590,000	6.72 times
3	“AtaSigorta” OJSC	6,141,100	2.29 times
4	“Pasha Insurance” OJSC	70,927,800	78.43%
5	“Pasha Life Insurance” OJSC	108,802,200	77.33%
6	“Ateshgah” OJSC	10,906,700	28.80%
7	“AZSIGORTA” OJSC	5,345,600	16.78%
8	AzerSigorta	31,925,300	13.69%
9	“Meqa Insurance” OJSC	12,461,300	8.82%
10	“AXA MBASK” OJSC	6,876,900	-2.40%
13	“A-Group” OJSC	2,174,200	-11.41%
14	“Amrah Insurance” OJSC	77,800	-31.77%
15	“Xalq Insurance” OJSC	2,674,200	-36.89%
16	“Revan Insurance” OJSC	388,300	-42.06%
17	“Silk Way Insurance” OJSC	7,159,000	-49.41%
18	“Standard Insurance” OJSC	2,392,600	-54.02%
19	“Ateshgah Life” OJSC	17,396,800	-66.80%
20	“Qala Life” OJSC	5,283,300	-87.01%
21	“Baki Insurance” OJSC	267,100	-92.31%
22	“Azerbaijan Industry Insurance” OJSC	2,777,200	-95.48%
23	Nakhchivansigorta OJSC	85,200	-
	Total	78,498,100	100%