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Azerbaijan-based insurers ranking for premiums market share

21 February 2018 14:09 (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 market share of premiums during January 2018.

â„–	Insurers	Premiums (AZN)	Market share (times and %)
1	“Pasha Insurance”	41,233,700	49.82%
2	“Pasha Life Insurance”	14,475,700	17.49%
3	“Silk Way Insurance”	6,507,200	7.86%
4	“Ateshgah Life”	3,039,000	3.67%
5	“Ateshgah”	2,911,900	3.52%
6	“AXA MBASK”	2,820,400	3.41%
7	“Qala Insurance”	2,507,400	3.03%
8	“Meqa Insurance”	2,234,700	2.70%
9	“AtaSigorta”	1,398,900	1.69%
10	“AZSIGORTA”	1,244,500	1.50%
11	“A-Group”	1,068,500	1.29%
12	“Qala Life”	954,900	1.15%
13	“Standard Insurance”	605,200	0.73%
14	“Xalq Insurance”	543,100	0.66%
15	"AzerSigorta"	462,000	0.56%
16	“Gunay Insurance”	428,000	0.52%
17	“Azerbaijan Industry Insurance”	182,000	0.22%
18	“Revan Insurance”	77,000	0.09%
19	“BakÄ± Insurance”	52,100	0.06%
20	"Nakhchivansigorta"	9,100	0.01%
21	“Amrah Insurance”	4,700	0.01%
22	TOTAL	82,760,000	100%