Azerbaijan-based insurers ranking for payment/premium ratio

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# 09:18
16 January 2018

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 rate during January-December 2017.

â„–

      Insurers

 

Premiums

 

 

Payments

 

Ratio

1

“Amrah Insurance”

21,548.45

72,446.16

3.36 times

2

“Ateshgah Life”

38,369,909.56

55,046,153.06

1.43 times

3

“Gala Life”

19,893,537.72

17,582,577.22

88.38%

4

“Revan Insurance”

690,342.51

546,891.34

79.22%

5

“A-Group Insurance”

12,689,677.02

8,098,874.04

63.82%

6

“AXA MBASK”

22,285,599.84

12,333,516.54

55.34%

7

“Xalq Insurance”

7,788,809.12

3,965,208.89

50.91%

8

“Azerbaijan Industry Insurance”

7,227,671.04

3,360,612.24

46.50%

9

“Standard Insurance”

12,594,880.12

5,555,676.59

44.11%

10

“Pasha Insurance”

10,7569,005.2

43,439,060.83

40.38%

11

“Ateshgah”

39,125,941.47

15,794,315.91

40.37%

12

“Pasha Life Insurance”

15,2757,723.3

58,004,591.98

37.97%

13

“AtaSigorta”

13,715,792.88

5,020,016.86

36.60%

14

“AzSigorta”

25,317,135.81

9,112,596.39

35.99%

15

AzeSigortai

40,444,876

12,370,915

30.59%

16

“Baki Insurance”

1,299,250.33

283,221.09

21.80%

17

“Mega Insurance”

16,854,267.59

3,147,533.72

18.67%

18

“Gunay Insurance”

9,505,175.86

1,154,546.04

12.15%

19

“Silk Way Insurance”

17,682,489.47

1,788,886.16

10.12%

20

"Nakhchivansigorta"

121,601.01

8,231.75

6.77%

21

“Gala Insurance”

10,911,344.31

423,725.63

3.88%

 

           Total

556,866,578.6

257,109,597.4

46.17%

 

 

 

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