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Azerbaijan-based insurers ranking for market share of payments

19 March 2018 15:14 (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 payments during January-February 2018.

â„–	Insurers	Insurance payments (manat)	Market share
1	“Pasha Insurance”	8,749,800	21.61%
2	“Pasha Life Insurance”	7,277,900	17.98%
3	“Ateshgah Life”	5,461,500	13.49%
4	“Qala Life”	4,551,200	11.24%
5	“Ateshgah”	3,358,100	8.29%
6	AzerSigorta	2,109,700	5.21%
7	“AXA MBASK”	1,737,400	4.29%
8	“AZSIGORTA”	1,696,800	4.19%
9	“AtaSigorta”	1,322,700	3.27%
10	“A-Group”	1,025,000	2.53%
11	“Standard Insurance”	568,400	1.40%
12	“Azerbaijan Industry Insurance”	556,500	1.37%
13	“Meqa Insurance”	488,700	1.21%
14	“Xalq Insurance”	487,400	1.20%
15	“Gunay Insurance”	469,000	1.16%
16	“Silk Way Insurance”	324,400	0.80%
17	“Qala Insurance”	178,000	0.44%
18	“Baki Insurance”	63,700	0.16%
19	“Revan Insurance”	52,100	0.13%
20	“Amrah Insurance”	9,300	0.02%
21	"Nakhchivansigorta"	-
22	Total	40,487,700	100%