Azerbaijan-based insurers ranking for payments growth rate

Azerbaijan-based insurers ranking for payments growth rate
# 29 February 2012 08:49 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-ECONOMICS. According to exact data, released by the Ministry of Finance. APA-ECONOMICS prepared a ranking of insurers for payments growth rate in January. 2012.

Insurers

Annual growth

1

A-Group

10.3 times

2

Alfa Sigorta

486.21

3

Emrah Sigorta

352.20

4

Azerbaijan Industry Insurance

335.71

5

AXA-Mbask

237.70

6

AtaSigorta

211.54

7

Guay Sigorta

114.00

8

Revan Sigorta

106.45

9

AzSigorta

92.63

10

Era Trans Sigorta

67.35

11

Qarant Sigorta

29.49

12

International Insurance Company

9.18

13

Xalq Sigorta

2.52

14

Silk Way Insurance

- 3.46

15

Ateshgah Sigorta

- 9.85

16

Standard Insurance

- 16.52

17

Azersigorta

- 25.98

18

Pasha Sigorta

- 33.07

19

Baki Sigorta

- 61.33

20

Bashak-İnam

- 62.43

21

Azerqarant

- 81.73

22

Thames Insurance Group**

-

23

Chartis Azerbaycan**

-

24

Meqa Sigorta**

-

25

Qala Life Insurance**

-

26

Ateshgah Life Insurance**

-

27

Fidan Sigorta*

-

28

Royal Sigorta***

-

29

Pasha Life Insurance***

-


* Fidan Sigort’s licence was abolished by Ministry of Finance on August 19, 2011;
** Thames Insurance Group did not implement payment in January.;
Chartis Azerbaijan did not implement payment in January;
Meqa Sigorta’s payments made AZN 8 mln;
Qala Life Insurance did not implement payments in Januaries of 2011 and 2012.;
Ateshgah Life Insurance’s payments made AZN 5,000;
*** PASHA Life Insurance obtained licence in February, 2011: Royal Sigorta has been in
operation since the end of December, 2011.
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THE OPERATION IS BEING PERFORMED