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Azerbaijan-based insurers ranking for revenue

18 October 2012 13:53 (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 with the available data as of Januaryâ€“September, 2012.

(mln. AZN)

	Insurers	Insurance premiums	Share (%)
1	Pasha Insurance	36.207	14.13
2	AzInsurance	29.491	11.51
3	Ateshgah Insurance	26.722	10.43
4	AzerInsurance	23.658	9.23
5	Standard Insurance	16.441	6.41
6	Ateshgah Life Insurance	13.728	5.36
7	AXA-Mbask	13.635	5.32
8	International Insurance Company	11.223	4.38
9	PASHA Life Insurance	11.148	4.35
10	Xalg Insurance	9.829	3.84
11	AtaInsurance	8.646	3.37
12	Silk Way Insurance	8.168	3.19
13	A-Group	7.341	2.86
14	Garant Insurance	6.986	2.73
15	Gala Life Insurance	5.634	2.20
16	Azerbaijan Industry Insurance	5.058	1.97
17	Baku Insurance	4.284	1.67
18	Alfa Insurance	4.071	1.59
19	Mega Insurance	3.382	1.32
20	Revan Insurance	2.335	0.91
21	Bashak İnam	2.333	0.91
22	Buta Insurance	1.504	0.59
23	Chartis Azerbaijan	1.334	0.52
24	Azerqarant	1.308	0.51
25	Era Trans	0.759	0.30
26	Emrah Insurance	0.716	0.25
27	Gunay Insurance	0.346	0.14
28	Royal Insurance	0.041	0.02
	TOTAL	256.326	100