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Azerbaijan-based insurers ranking for payment/premium ratio

21 February 2018 14:28 (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 premium/payment ratio during January 2018.

â„–	Insurers	Payment (AZN)	Ratio to premiums (%)
1	“Qala Life”	3,258,700	3.41 times
2	“Ateshgah Life”	4,373,000	1.44 times
3	“Azerbaijan Industry Insurance”	237,100	1.30 times
4	"AzerSigorta"	584,200	1.26 times
5	“Amrah Sigorta”	3,900	83%
6	“Gunay Insurance”	289,500	68%
7	“Ateshgah”	1,677,600	58%
8	“AZSIGORTA”	689,000	55%
9	“Baki Insurance”	27,800	53%
10	“Standard Insurance”	311,100	51%
11	“A-Group”	467,600	44%
12	“Xalq Insurance”	236,700	44%
13	“AtaSigorta”	607,000	43%
14	“AXA MBASK”	865,500	31%
15	“Pasha Life Insurance”	3,810,600	26%
16	“Revan Insurance”	10,400	14%
17	“Pasha Insurance”	4,869,400	12%
18	“Meqa Insurance”	245,000	11%
19	“Silk Way Insurance”	316,500	5%
20	“Qala Insurance”	107,600	4%
21	"Nakhchivansigorta"	-	0%
22	TOTAL	22,988,100	100%