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Azerbaijan-based insurers ranking for market share of premiums

19 March 2018 15:09 (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-February 2018.

â„–	Insurers	Insurance premiums (manat)	Market share (time and %)
1	“Pasha Insurance”	49,454,400	38.00%
2	“Pasha Life Insurance”	32,446,400	24.93%
3	“Silk Way Insurance”	6,566,800	5.05%
4	“Ateshgah Life”	6,245,600	4.80%
5	“Meqa Insurance”	5,649,700	4.34%
6	“Ateshgah”	5,346,600	4.11%
7	“AXA MBASK”	4,201,000	3.23%
8	"AzerSigorta"	3,648,400	2.80%
9	“Qala Insurance”	3,072,100	2.36%
10	“AtaSigorta”	2,712,200	2.08%
11	“AZSIGORTA”	2,457,100	1.89%
12	“Qala Life”	2,227,900	1.71%
13	“Azerbaijan Industry Insurance”	1,484,200	1.14%
14	“A-Group”	1,307,100	1.00%
15	“Xalq Insurance”	1,039,800	0.80%
16	“Standard Insurance”	1,005,100	0.77%
17	“Gunay Insurance”	914,200	0.70%
18	“Revan Insurance”	201,200	0.15%
19	“Baki Insurance”	119,500	0.09%
20	"Nakhchivansigorta"	45,100	0.03%
21	“Amrah Insurance”	11,200	0.01%
	Total	130,155,700	100%