Azerbaijan-based insurers ranking for market share of premiums

Azerbaijan-based insurers ranking for market share of premiums
# 05 July 2017 14:24 (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-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%

 

#
#

THE OPERATION IS BEING PERFORMED