Bank Of Baku

Azerbaijan-based insurers ranking for revenue growth rate

Azerbaijan-based insurers ranking for revenue growth rate
# 16 June 2011 07:35 (UTC +04:00)
The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked for revenue growth rate with the available data as of January –May, 2011.

 

Insurers

Annual growth (%)

1

Ateshgah Life Insurance

9.4 times

2

Azergarant

112.08

3

Era Trans

60.56

4

AXA MBASK

60.37

5

AtaSıgorta

57.24

6

Baku Sıgorta

53.84

7

Alfa Sıgorta

53.16

8

Thames Insurance Group

42.50

9

Ateshgah Sıgorta

36.81

10

Bashak-Inam

33.66

11

Xalq Sıgorta

29.33

12

Azerbaijan Industry Insurance

22.12

13

International Insurance Company

20.61

14

AzSıgorta

16.46

15

Standard Insurance

13.12

16

A-Group

11.37

17

Azersıgorta

4.35

18

Revan Sıgorta

4.17

19

PASHA Sıgorta

0.45

20

Fidan Sıgorta

(- 6.32)

21

Garant Sıgorta

(- 15.00)

22

Emrah Sıgorta

(- 24.38)

23

Azal Sıgorta

(- 28.73)

24

Chartis Azerbaijan

(- 31.60)

25

Gunay Sıgorta

(- 53.64)

26

Mega Sıgorta

(- 74.48)

27

PASHA Life Insurance*

-

28

Gala Life Insurance*

-


* Gala Life insurance company started to operate in November. 2010. PASHA Life – in February of 2011.
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