Azerbaijan-based insurers ranking for ratio of payments to premiums

Azerbaijan-based insurers ranking for ratio of payments to premiums
# 19 March 2018 15:33 (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 for ratio of payments to premiums during January-February 2018.

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Insurers

Payments (AZN)

Ratio to premiums

(%)

1

“Qala Life”

4,551,200

2.04-fold

2

“Ateshgah Life”

5,461,500

87.45%

3

“Amrah Sigorta”

9,300

83.04%

4

“A-Group”

1,025,000

78.42%

5

“AZSIGORTA”

1,696,800

69.06%

6

“Ateshgah”

3,358,100

62.81%

7

"AzerSigorta"

2,109,700

57.83%

8

“Standard Insurance”

568,400

56.55%

9

“Baki Insurance”

63,700

53.31%

10

“Gunay Insurance”

469,000

51.30%

11

“AtaSigorta”

1,322,700

48.77%

12

“Xalq Insurance”

487,400

46.87%

13

“AXA MBASK”

1,737,400

41.36%

14

“Azerbaijan Industry Insurance”

556,500

37.49%

15

“Revan Insurance”

52,100

25.89%

16

“Pasha Life Insurance”

7,277,900

22.43%

17

“Pasha Insurance”

8,749,800

17.69%

18

“Meqa Insurance”

488,700

8.65%

19

“Qala Insurance”

178,000

5.79%

20

“Silk Way Insurance”

324,400

4.94%

21

"Nakhchivansigorta"

-

22

Total

40,487,700

100%

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