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 2017.
â„– |
Insurers |
Premiums (manat) |
Growth rate (times and %) |
1 |
“Gunay Insurance” |
9,505,175.86 |
3.6 times |
2 |
“Gala Insurance” |
10,911,344.31 |
2.3 times |
3 |
“Pasha Life Insurance” |
152,757,723.4 |
2 times |
4 |
“AtaSigorta” |
13,715,792.88 |
1.58 times |
5 |
“Baki Insurance” |
1,299,250.33 |
1.38 times |
6 |
“Azerbaijan Industry Insurance” |
7,227,671.04 |
1.12 times |
7 |
“AzSigorta” |
25,317,135.81 |
1.11 times |
8 |
“Pasha Insurance” |
107,569,005.2 |
1.08 times |
9 |
“Ateshgah Life” |
38,369,909.56 |
1.03 times |
10 |
“AXA MBASK” |
22,285,599.84 |
1.01 times |
11 |
“A-Group” |
12,689,677.02 |
99.26% |
12 |
“Ateshgah” |
39,125,941.47 |
98.27% |
13 |
“AzerSigorta” |
40,444,876 |
98.11% |
14 |
“Silk Way Insurance” |
17,682,489.47 |
92.35% |
15 |
“Mega Insurance” |
16,854,267.59 |
83.14% |
16 |
“Xalq Insurance” |
7,788,809.12 |
79.10% |
17 |
“Revan Insurance” |
690,342.51 |
67.78% |
18 |
“Qala Life” |
19,893,537.72 |
62.68% |
19 |
“Standard Insurance” |
12,594,880.12 |
61.96% |
20 |
“Amrah Insurance” |
21,548.45 |
34.45% |
21 |
"Nakhchivansigorta" |
121,601.01 |
|
* "Nakhchivansigorta" OJSC obtained licence on May 12, 2017.