Azerbaijan-based insurers ranking for market share of premiums

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%

 

 

 

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