Azerbaijan-based insurers ranking for payments growth rate

Azerbaijan-based insurers ranking for payments growth rate
# 16 January 2018 11:39 (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 rate during January-December 2017.

 

â„–

Insurers

Payments

(manat)

Growth

(times and %)

1

“Gunay Insurance”

1,154,546.04

4.37 times

2

“Ateshgah Life”

55,046,153.06

2.03 times

3

“AtaSigorta”

5,020,016.86

1.42 times

4

“Pasha Life Insurance”

58,004,591.98

1.26 times

5

“AXA MBASK”

12,333,516.54

1.26 times

6

“AzSigorta”

9,112,596.39

1.18 times

7

“Azerbaijan Industry Insurance”

3,360,612.24

1.03times

8

“A-Group”

8,098,874.04

1.03 times

9

“Ateshgah”

15,794,315.91

100.39%

10

“Pasha Insurance”

43,439,060.83

91.57%

11

“Qala Life”

17,582,577.22

80.07%

12

AzerSigorta

12,370,915

76.52%

13

“Mega Insurance”

3,147,533.72

75.41%

14

“Silk Way Insurance”

1,788,886.16

67.42%

15

“Standard Insurance”

5,555,676.59

64.54%

16

“Revan Insurance”

546,891.34

63.96%

17

“Xalq Insurance”

3,965,208.89

60.42%

18

“Baki Insurance”

283,221.09

42.29%

19

“Amrah Insurance”

72,446.16

37.75%

20

“Qala Insurance”

423,725.63

-

21

"Nakhchivansigorta"

8,231.75

-

* "Nakhchivansigorta" OJSC obtained licence on May 12, 2017.

 

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