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-May 2017.
â„– |
Insurers |
Premiums (AZN) |
Market share |
1 |
“Pasha Life Insurance” |
71,711,206 |
29.87% |
2 |
“Pasha insurance” |
60,348,763 |
25.13% |
3 |
“Ateshgah” |
13,207,940 |
5.50% |
4 |
“Ateshgah Life” |
13,055,021 |
5.44% |
5 |
“Azersigorta” |
11,065,828 |
4.61% |
6 |
“AzSigorta” |
9,798,325 |
4.08% |
7 |
“AXA Mbask” |
9,645,789 |
4.02% |
8 |
“Silk Way Insurance” |
8,228,222 |
3.43% |
9 |
“Mega Insurance” |
8,008,619 |
3.34% |
10 |
“Gala Life” |
7,372,547 |
3.07% |
11 |
“Standard Insurance” |
6,832,603 |
2.85% |
12 |
“Gunay Insurance” |
4,272,493 |
1.78% |
13 |
“Gala Insurance” |
4,219,399 |
1.76% |
14 |
“AtaSigorta” |
3,906,765 |
1.63% |
15 |
“Azerbaijan Industry Insurance” |
2,734,295 |
1.14% |
16 |
“Xalq Insurance” |
2,610,138 |
1.09% |
17 |
“A-Group Insurance” |
2,278,387 |
0.95% |
18 |
“Baki Insurance” |
579,759 |
0.24% |
19 |
“Ravan Insurance” |
209,533 |
0.09% |
20 |
“Bashak Inam” |
20,503 |
0.01% |
21 |
“Amrah Insurance” |
9,210 |
0.00% |
22 |
“Azerqarant Insurance” |
0 |
0.00% |
23 |
“International Insurance Company” |
0 |
0.00% |
|
Total |
240,115,423.63 |
100% |