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Azerbaijan-based insurers ranking for payment/Premium ratio

18 December 2017 13:31 (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 payment/premium ratio during January-November 2017.

â„–	Insurers	Premiums	Payments	Ratio
1	“Amrah Sigorta”	16,132.25	59,884.16	371.21%
2	“Ateshgah Life”	31,146,226.73	43,444,510.05	139.49%
3	“A-Group Insurance”	5,294,140.79	7,146,022.73	134.98%
4	“Qala Life”	18,606,235.35	16,153,672.82	86.82%
5	“Revan Insurance”	590,884.77	506,045.83	85.64%
6	“AXA MBASK”	20,739,753.81	11,437,743.95	55.15%
7	“Xalq Insurance”	7,176,968.40	3,705,870.87	51.64%
8	“Azerbaijan Industry Insurance”	6,608,764.20	3,126,923.66	47.31%
9	“Standard Insurance”	11,957,929.60	5,132,339.21	42.92%
10	“Ateshgah”	35,453,201.48	14,399,500.53	40.62%
11	“Pasha Insurance”	103,334,577.59	41,953,754.68	40.60%
12	“Pasha Life Insurance”	136,797,912.84	53,901,161.22	39.40%
13	“AzSigorta”	23,658,629.05	8,387,988.26	35.45%
14	“AtaSigorta”	12,752,971.10	4,251,175.74	33.33%
15	AzerSigorta	37,577,762.00	11,151,751.00	29.68%
16	“Baki Insurance”	1,361,348.11	263,739.75	19.37%
17	“Mega Insurance”	16,516,097.01	2,741,561.51	16.60%
18	“Gunay Insurance”	8,775,725.96	1,001,857.78	11.42%
19	“Silk Way Insurance”	17,376,625.42	1,788,465.80	10.29%
20	Nakhchivan Insurance	92,115.49	8,231.75	8.94%
21	“Qala Insurance”	8,400,796.68	318,118.95	3.79%
	Total	504,234,798.63	230,880,320.25	45.79%