Azerbaijan-based insurers ranking for market share of payments

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# 14:46
5 July 2017

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 payments during January-May 2017.

 

â„–

Insurers

Insurance payments (AZN)

Market share

1

“Ateshgah Life”

24,642,244.19

25.17%

2

“Pasha life” 

15,119,230.13

15.44%

3

“Pasha Insurance” 

13,203,193.98

13.49%

4

“Qala Life” 

9,060,718.47

9.26%

5

“Ateshgah”

6,347,715.29

6.48%

6

“AXA Mbask”

5,928,325.30

6.06%

7

“Azersigorta”

5,528,037.00

5.65%

8

“AzSigorta” 

3,388,788.51

3.46%

9

“A-Group”

3,233,134.18

3.30%

10

“Standard Insurance”

2,735,663.91

2.79%

11

“Xalq Insurance” 

1,955,737.62

2.00%

12

“Azerbaijan Industry Insurance” 

1,620,440.94

1.66%

13

“Silk Way Insurance”

1,568,301.85

1.60%

14

“AtaSigorta”

1,441,733.20

1.47%

15

“Mega Insurance” 

985,049.58

1.01%

16

“International Insurance Company”   

398,943.72

0.41%

17

“Ravan Insurance” 

269,996.49

0.28%

18

“Gunay Insurance” 

202,738.31

0.21%

19

“Baki Insurance” 

148,614.07

0.15%

20

“Gala Insurance” 

48,990.17

0.05%

21

“Bashak Inam”

35,924.78

0.04%

22

“Amrah Insurance” 

35,649.16

0.04%

23

“Azerqarant”

1,335.05

0.00%

 

Total

97,900,505.90

100%

 

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