Bank Of Baku

Ranking of Azeri insurers in terms of growth in insurance claim payment

Ranking of Azeri insurers in terms of growth in insurance claim payment
# 19 July 2011 14:27 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. According to data released by the Ministry of Finance, APA-Economics prepared a ranking of insurers in terms of claim payment growth rate.

 

Insurers

Growthrate (%)

1

Ateshgah Life Insurance

10.6 times

2

Azergarant

8.6 times

3

Ipak Yolu Sıgorta

6.9 times

4

AtaSıgorta

228.85

5

AzSıgorta

92.83

6

Alfa Sıgorta

84.00

7

Azerbaijan Industry Insurance

71.93

8

Bashak-Inam

47.95

9

Era Trans Sıgorta

32.50

10

Xalg Sıgorta

24.25

11

Garant Sıgorta

22.33

12

Standard Insurance

19.79

13

International Insurance Company

17.58

14

Azersıgorta

2.24

15

Pasha Sıgorta

0.65

16

A-Group

- 4.70

17

Ateshgah Sıgorta

- 5.10

18

Gunay Sıgorta

- 12.22

19

Thames Insurance Group

- 17.00

20

Fidan Sıgorta

- 18.18

21

Mega Sıgorta

- 19.05

22

Baku Sıgorta

- 21.80

23

AXA MBASK

- 22.78

24

Revan Sıgorta

-25.00

25

Emrah Sıgorta

- 30.00

26

Chartis Azerbaijan

- 82.50

27

Gala Life Insurance

-

28

Pasha Life Insurance

-



NOTE: Gala Life Insurance company changed its license to life insurance in November of 2010. Pasha Life Insurance obtained a license in February of 2011.

The ranking is based on initial data provided by the Ministry of Finance.
Qala Sighorta launched operation on July 31. 2008.
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