Azerbaijan-based insurers ranking for premiums growth rate

Azerbaijan-based insurers ranking for premiums growth rate
# 16 January 2018 11:20 (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 premiums growth rate during January-December 2017.

â„–

Insurers

Premiums

(manat)

Growth rate

(times and %)

1

“Gunay Insurance”

9,505,175.86

3.6 times

2

“Gala Insurance”

10,911,344.31

2.3 times

3

“Pasha Life Insurance”

152,757,723.4

2 times

4

“AtaSigorta”

13,715,792.88

1.58 times

5

“Baki Insurance”

1,299,250.33

1.38 times

6

“Azerbaijan Industry Insurance”

7,227,671.04

1.12 times

7

“AzSigorta”

25,317,135.81

1.11 times

8

“Pasha Insurance”

107,569,005.2

1.08 times

9

“Ateshgah Life”

38,369,909.56

1.03 times

10

“AXA MBASK”

22,285,599.84

1.01 times

11

“A-Group”

12,689,677.02

99.26%

12

“Ateshgah”

39,125,941.47

98.27%

13

“AzerSigorta”

40,444,876

98.11%

14

“Silk Way Insurance”

17,682,489.47

92.35%

15

“Mega Insurance”

16,854,267.59

83.14%

16

“Xalq Insurance”

7,788,809.12

79.10%

17

“Revan Insurance”

690,342.51

67.78%

18

“Qala Life”

19,893,537.72

62.68%

19

“Standard Insurance”

12,594,880.12

61.96%

20

“Amrah Insurance”

21,548.45

34.45%

21

        "Nakhchivansigorta"

121,601.01

 

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

 

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