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Azerbaijan-based insurers ranking for revenue growth rate

22 August 2012 09:35 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-ECONOMICS. APA-ECONOMICS provides ranking of Azerbaijan-based banks for their various figures and financial performance.

The project aims to highlight banksâ€™ 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 â€“July, 2012.

	Insurers	Annual growth (%)
1	Meqa Insurance	13 times
2	Pasha Insurance	6 times
3	AzInsurance	163.58
4	AtaInsurance	141.82
5	Standard Insurance	117.57
6	Ateshgah Heyat Insurance	116.03
7	Ateshgah Insurance	112.16
8	Alfa Insurance	90.50
9	Qarant Insurance	75.86
10	Azerqarant	72.54
11	Emrah Insurance	69.27
12	Buta Insurance	58.70
13	AXA-Mbask	45.35
14	Revan Insurance	44.44
15	Xalq Insurance	34.33
16	PASHA Heyat Insurance	31.22
17	Beynelxalq Insurance SHirketi	27.55
18	Chartis Azerbaijan	24.54
19	Gala Heyat Insurance	22.31
20	A-Group	9.88
21	Bakı Insurance	9.82
22	İpek Yolu Insurance	9.61
23	Bashak-İnam	9.15
24	AzerInsurance	0.91
25	Azerbaijan Industry Insurance	0.02
26	Günay Insurance	- 14.55
27	Era Trans	- 47.82
28	Royal Insurance*	-