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Azerbaijan-based insurers ranking for market share of premiums

16 January 2018 09:26 (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-December 2017.

â„–	Insurers	Premiums (AZN)	Market share
1	“Pasha Life Insurance”	152,757,723.4	27.43%
2	“Pasha Insurance”	107,569,005.2	19.32%
3	AzerSigorta	40,444,876.00	7.26%
4	“Ateshgah”	39,125,941.47	7.03%
5	“Ateshgah Life”	38,369,909.56	6.89%
6	“AzSigorta”	25,317,135.81	4.55%
7	“AXAMBASK”	22,285,599.84	4.00%
8	“Qala Life”	19,893,537.72	3.57%
9	“Silk Way Insurance”	17,682,489.47	3.18%
10	“MegaSigorta”	16,854,267.59	3.03%
11	“AtaSigorta”	13,715,792.88	2.46%
12	“A-Group”	12,689,677.02	2.28%
13	“StandardInsurance”	12,594,880.12	2.26%
14	“Qala Insurance”	10,911,344.31	1.96%
15	“Gunay Insurance”	9,505,175.86	1.71%
16	“Xalq Insurance”	7,788,809.12	1.40%
17	“Azerbaijan Industry Insurance”	7,227,671.04	1.30%
18	“Baki Insurance”	1,299,250.33	0.23%
19	“Revan Insurance”	690,342.51	0.12%
20	"Nakhchivansigorta"	121,601.01	0.02%
21	“Amrah Insurance”	21,548.45	0.004%
	Total	556,866,578.6	100%