Azerbaijan-based insurers ranking for market share of payments

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# 11:01
26 September 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-August 2017.

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Insurers

Payments (AZN)

Market share

1

“Pasha Life”

     33,614,401.50

20.12%

2

“Ateshgah Life”

     32,486,458.47

19.45%

3

“Pasha Insurance”

     31,831,445.92

19.05%

4

“Qala Life”

     12,949,103.52

7.75%

5

“Ateshgah”

     10,287,754.91

6.16%

6

“AzerSigorta”

8,769,562.00

5.25%

7

“AXAMBASK”

8,614,150.24

5.16%

8

“AzSigorta”

5,955,698.78

3.56%

9

“A-Group Insurance”

5,161,509.64

3.09%

10

“Standard Insurance”

4,124,162.06

2.47%

11

“Xalq Insurance”

2,965,994.21

1.78%

12

“AtaSigorta”

2,743,160.34

1.64%

13

“Azerbaijan Industry Insurance”

2,645,074.54

1.58%

14

“Mega Insurance”

1,937,624.23

1.16%

15

“Silk Way insurance”

1,583,479.73

0.95%

16

“Gunay Insurance”

  539,334.83

0.32%

17

“Revan Insurance”

  416,356.17

0.25%

18

“Baki Insurance”

  188,637.26

0.11%

19

“Qala Insurance”

  148,453.20

0.09%

20

“Amrah Insurance”

    55,721.16

0.03%

21

“Bashak Inam”

     35,924.78

0.02%

22

"Nakhchivansigorta"

       6,910.00

0.00%

 

Total

167,060,917.49

100%

 

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