Azerbaijan-based insurers ranking for payments growth rate

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# 09:20
27 February 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 payments growth rate during January-December 2016

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Insurers

Payments (AZN)

Market share

1

“Pasha Insurance”

47,438,605.45

20.00%

2

“Pasha Life Isurance”

45,907,276.26

19.35%

3

“Ateshgah Life”

27,111,809.20

11.43%

4

“Qala Life”

21,959,718.00

9.26%

5

Azersigorta

16,166,169.00

6.81%

6

“Ateshgah”

15,733,201.47

6.63%

7

“AXA MBASK”

9,789,514.49

4.13%

8

“Standard Insurance”

8,607,733.68

3.63%

9

“A-Group”

7,893,530.95

3.33%

10

“AzSigorta”

7,753,019.05

3.27%

11

“Xalq Insurance”

6,562,643.64

2.77%

12

“Mega Insurance”

4,173,909.92

1.76%

13

“International Insurance Company”

4,077,248.91

1.72%

14

“AtaSigorta”

3,542,428.80

1.49%

15

“Azerbaijan Industry Insurance”

3,254,066.24

1.37%

16

“Silk Way Insurance”

2,653,176.77

1.12%

17

“Buta Insurance”

1,294,179.42

0.55%

18

“Alfa Insurance”

1,207,773.20

0.51%

19

“Revan Insurance”

855,039.07

0.36%

20

“Bakı Insurance”

669,780.00

0.28%

21

“Gunay Insurance”

264,014.26

0.11%

22

“Amrah Sigorta”

191,913.23

0.08%

23

“Bashak Inam”

142,877.12

0.06%

24

“Azerqarant Insurance”

987.79

0.00%

25

“Qala Insurance”

0

0.00%

 

Total

237,250,615.92

100%

 

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