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.
â„– |
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% |