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Azerbaijan-based insurers ranking for market share of premiums

17 March 2017 15:56 (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 2017.

â„–	Insurers	Premiums (AZN)	Market share
1	“Pasha Insurance”	44,234,193.85	42.62%
2	“Pasha Life Insurance”	12,549,975.57	12.09%
3	“Silk Way Insurance”	7,287,673.11	7.02%
4	“Ateshgah”	5,083,208.39	4.90%
5	“Azersigorta”	5,074,193.00	4.89%
6	“Ateshgah Life”	4,644,734.47	4.47%
7	“AXA MBASK”	4,548,948.82	4.38%
8	“Meqa Sigorta”	4,243,487.49	4.09%
9	“Standard Insurance”	3,186,646.64	3.07%
10	“Qala Life”	3,126,218.54	3.01%
11	“AzSigorta”	3,019,521.07	2.91%
12	“Qala Insurance”	2,543,908.89	2.45%
13	“AtaSigorta”	1,342,614.86	1.29%
14	“A-Group”	1,077,119.37	1.04%
15	“Xalq Insurance”	834,775.07	0.80%
16	“Azerbaijan Industry Insurance”	379,468.04	0.37%
17	“Gunay Insurance”	362,969.60	0.35%
18	“Baku Insurance ”	173,777.85	0.17%
19	“Revan Insurance”	55,191.43	0.05%
20	“Bashak Inam”	20,503.48	0.02%
21	“Amrah Insurance”	7,809.31	0.01%
22	“Azerqarant Insurance”	0.00	0.00%
23	“International Insurance Company”	0.00	0.00%
	Total	103,769,938.85	100%