Azerbaijan-based insurers ranking for premiums market share

Azerbaijan-based insurers ranking for premiums market share
# 26 October 2017 14:56 (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 market share during January-September 2017.

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Insurers

Premiums (AZN)

Market share

1

“Pasha Life Insurance”

112,191,909

27.08%

2

“PaÅŸa Insurance”

93,613,710.9

22.59%

3

“Ateshgah”

27,857,207.5

6.72%

4

“Ateshgah Life”

25,870,451.5

6.24%

5

AzerSigorta

23,275,534

5.62%

6

“AzSigorta”

18,794,638.9

4.54%

7

“AXA MBASK”

17,139,255.5

4.14%

8

“Silk Way Insurance”

16,705,982

4.03%

9

“Mega Insurance”

14,394,570.5

3.47%

10

“Qala Life”

14,145,020.1

3.41%

11

“Standard Insurance”

10,114,345.3

2.44%

12

“AtaSigorta”

9,490,814.28

2.29%

13

“Qala Insurance”

7,546,807.69

1.82%

14

“Gunay Insurance”

6,649,642.62

1.60%

15

“Azerbaijan Industry Insurance”

6,267,296.85

1.51%

16

“Xalq Insurance”

5,269,129.25

1.27%

17

“A-Group Insurance Company ”

3,398,694.29

0.82%

18

“Baki Insurance”

1,075,770.82

0.26%

19

“Revan Insurance”

447,624.93

0.11%

20

"Nakhchivansigorta"

68,015.19

0.02%

21

“Bashak Inam”

20,503.48

0.00%

22

“Amrah Insurance”

15,801.1

0.00%

Total

414,352,725

100%

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