Azerbaijan-based insurers ranking for premiums growth rate

Azerbaijan-based insurers ranking for premiums growth rate
# 31 May 2017 10:17 (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 premiums growth rate during January-April 2017.

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Insurers

Premiums (AZN)

Market share

1

“Pasha Sigorta”

53,372,329.28

27.49%

2

“Pasha Life Insurance”

52,407,826.68

26.99%

3

“Ateshgah Life Insurance”

10,891,946.63

5.61%

4

“Ateshgah Insurance”

10,853,474.25

5.59%

5

“Azersigorta” DSKSH

9,527,726.00

4.91%

6

“AXA Mbask”

8,020,477.24

4.13%

7

“Silk Way Insurance”

7,969,700.46

4.10%

8

“AzSigorta”

7,378,454.53

3.80%

9

“Mega Sigorta”

6,971,416.58

3.59%

10

“Gala Life Insurance”

5,785,263.91

2.98%

11

“Standard Insurance”

5,525,153.70

2.85%

12

“Gunay Insurance”

3,566,709.95

1.84%

13

“AtaSigorta”

3,057,596.90

1.57%

14

“Gala Insurance”

2,931,210.45

1.51%

15

“Xalq Insurance”

2,186,023.61

1.13%

16

“A-Group Insurance”

1,786,424.05

0.92%

17

“Azerbaijan Industry Insurance”

1,394,522.27

0.72%

18

“Baku Insurance”

374,359.68

0.19%

19

“Revan Insurance”

141,734.18

0.07%

20

“Bashak Inam”

20,503.48

0.01%

21

“Amrah Insurance”

9,234.12

0.00%

22

“Azerqarant”

0

0.00%

23

“International Insurance Company”

-

-

TOTAL

194,172,087.95

100.00%

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