Azerbaijan-based insurers ranking for premiums market share

Azerbaijan-based insurers ranking for premiums market share
# 17 November 2017 12:27 (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 market share of premiums during January-October 2017.

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Insurers

Premiums (AZN)

Market share

1

“Pasha Life Insurance”

123,370,842

26.67%

2

“Pasha Insurance”

99,611,436

21.53%

3

“Azersigorta”

36,193,430

7.82%

4

“Ateshgah”

30,549,657

6.60%

5

“Ateshgah Life”

27,881,117

6.03%

6

“AzSigorta”

20,551,099

4.44%

7

“AXA MBASK”

19,201,684

4.15%

8

“Silk Way Insurance”

16,845,007

3.64%

9

“Qala Life”

15,738,710

3.40%

10

“Mega Insurance”

15,044,245

3.25%

11

“AtaSigorta”

11,136,178

2.41%

12

“Standard Insurance”

11,125,202

2.40%

13

“Gunay Insurance”

8,150,277

1.76%

14

“Qala Insurance”

7,984,863

1.73%

15

“Azerbaijan Industry Insurance”

6,466,027

1.40%

16

“Xalq Sigorta”

6,217,219

1.34%

17

“A-Group Insurance”

4,810,666

1.04%

18

“Baki Insurance”

1,163,032

0.25%

19

“Ravan Insurance”

517,282

0.11%

20

"Nakhchivansigorta"

79,664

0.02%

21

“Amrah Insurance”

15,982

0.00%

Total

462,653,619

100%

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