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-October 2017.
â„– |
Insurers |
Premiums (AZN) |
Growth (%) |
1 |
“Gunay Insurance” |
8,150,277 |
246.10% |
2 |
“Qala Insurance” |
7,984,863 |
106.47% |
3 |
“Pasha Life Insurance” |
12,3370,842 |
84.19% |
4 |
“Baki Insurance” |
1,163,032 |
35.77% |
5 |
“AtaSigorta” |
11,136,178 |
32.27% |
6 |
“Azerbaijan Industry Insurance” |
6,466,027 |
18.78% |
7 |
“Pasha Insurance” |
99,611,436 |
11.27% |
8 |
“AzSigorta” |
20,551,099 |
6.61% |
9 |
“A-Group” |
4,810,666 |
6.04% |
10 |
“AXA Mbask” |
19,201,684 |
3.49% |
11 |
“Azersigorta” |
36,193,430 |
-4.75% |
12 |
“Ateshgah” |
30,549,657 |
-4.95% |
13 |
“Ateshgah Life” |
27,881,117 |
-8.12% |
14 |
“Silk Way Insurance” |
16,845,007 |
-8.89% |
15 |
“Meqa Insurance” |
15,044,245 |
-21.37% |
16 |
“Xalq Insurance” |
6,217,219 |
-30.15% |
17 |
“Standard Insurance” |
11,125,202 |
-39.30% |
18 |
“Ravan Insurance” |
517,282 |
-43.18% |
19 |
“Qala Life” |
15,738,710 |
-43.56% |
20 |
“Amrah Insurance” |
15,982 |
-70.59% |
21 |
"Nakhchivansigorta"* |
79,664 |
0 |
|
Total |
462,653,619 |
10.06% |
* Nakhchivansigorta obtained license on May 12, 2017.