Azerbaijan-based insurers ranking for payment/Premium ratio

#
# 13:31
18 December 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 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%

 

 

 

#
#

THE OPERATION IS BEING PERFORMED