Azerbaijan-based insurers ranking for payments/premiums ratio

Azerbaijan-based insurers ranking for payments/premiums ratio
# 26 October 2017 15:16 (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 payments/premiums ratio during January-September 2017.

 

â„–

Insurers

Payment (AZN)

 

Premium (AZN)

Ratio (% or times)

1

“Amrah Insurance”

58,384.16

15,801.1

3.69 fold

2

“Bashak Inam  ”

35,924.78

20,503.48

1.75 fold

3

“A-Group  ”

5,684,691.27

3,398,694.29

1.67fold

4

“Ateshgah Life”

38,563,497.26

25,870,451.48

1.49 fold

5

“Qala Life”

14,420,574.39

14,145,020.06

1.02 fold

6

“Revan Insurance”

452,731.82

447,624.93

1.01 fold

7

“Xalq Insurance”

3,198,181.74

5,269,129.25

60.70%

8

“AXA MBASK”

9,421,835.2

17,139,255.5

54.97%

9

“Standard Insurance”

4,467,310.22

10,114,345.27

44.17%

10

“Azerbaijan Industry Insurance”

2,726,320.84

6,267,296.85

43.50%

11

“Ateshgah”

11,662,064.71

27,857,207.48

41.86%

12

Azersigorta

9471,384

23,275,534

40.69%

13

“Pasha Insurance”

35,160,967.3

93,613,710.87

37.56%

14

“AzSigorta”

6,672,510.07

18,794,638.87

35.50%

15

“Pasha life Insurance”

38,287,872.56

11,2191,908.5

34.13%

16

“AtaSigorta”

3,214,678.18

9,490,814.28

33.87%

17

“Baki Insurance”

212,916.43

1,075,770.82

19.79%

18

“Mega Insurance”

2,180,117.4

14,394,570.46

15.15%

19

"Nakhchivansigorta"

8,015

68,015.19

11.78%

20

“Silk Way Insurance”

1,777,166.18

16,705,981.95

10.64%

21

“Gunay Insurance”

702,168.05

6,649,642.62

10.56%

22

“Qala Insurance”

200,418.63

7,546,807.69

2.66%

 

Total

188,579,730.19

414,352,724.97

45.51%

 

 

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