Azerbaijan-based insurers ranking for premiums growth rate

Azerbaijan-based insurers ranking for premiums growth rate
# 27 February 2017 09:14 (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 premiums growth rate during January-December 2016.

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Insurers

Premiums (AZN)

Market share

1

“Pasha Insurance”

100,012,147.26

20.58%

2

“Pasha Life Insurance”

77,678,739.32

15.98%

3

“Azersigorta”

41,224,916.00

8.48%

4

“Ateshgah”

39,814,927.05

8.19%

5

“Ateshgah Life”

37,435,501.39

7.70%

6

“Qala Life”

31,737,938.00

6.53%

7

“AzSigorta”

22,720,978.28

4.67%

8

“AXA MBASK”

21,968,752.00

4.52%

9

“Standard Insurance”

20,326,929.76

4.18%

10

“Mega Sigorta”

20,272,711.13

4.17%

11

“Silk Way Insurance”

19,148,016.96

3.94%

12

“A-Qroup”

12,784,855.23

2.63%

13

“Xalq Sigorta”

9,846,652.10

2.03%

14

“AtaSigorta”

9,288,975.37

1.91%

15

“Azerbaijan Industry Insurance”

6,414,551.09

1.32%

16

“Qala Insurance”

4,643,567.35

0.96%

17

“International Insurance Company”

3,674,680.77

0.76%

18

“Gunay Insurance”

2,637,651.52

0.54%

19

“Revan Insurance”

1,018,518.88

0.21%

20

“Alfa Insurance”

1,018,459.94

0.21%

21

“Baki Insurance”

941,365.90

0.19%

22

“Buta Insurance”

593,950.50

0.12%

23

“Bashak Inam”

547,761.16

0.11%

24

“Azerqarant Insurance”

259,178.76

0.05%

25

“Amrah Insurance”

62,553.51

0.01%

Total

486,74,79.2

100%

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