Azerbaijan-based insurers ranking for market share of payments

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%

 

 

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