Ranking of Azeri insurers for insurance claim payment in January-September

Ranking of Azeri insurers for insurance claim payment in January-September
# 20 October 2008 15:23 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based insurance companies paid in total AZN 40.4 million for insurance claims during January-September, up 59.4% on the same period last year.
According to the information provided by the Ministry of Finance, Azersighorta State Insurance Company tops the list with AZN 9.29 million, or 22.9% of the total payments or insurance claims.
PASHA Sighorta (AZN 4.98 million or 12.3%) and MBASK (AZN 4.50 million or 11.1%) are among the first three. The three has a share of 46.5% in the total payments. Two insurers (Gala Sighorta and NishanSighorta) made no payment for insurance claims.
Qarant Sighorta was established in November, 2007.

Insurers

Sum

1

Azersighorta

9,29

2

Pasha Sighorta

4,98

3

MBASK

4,50

4

Ateshgah

3,17

5

International Insurance Company

3,10

6

A-Group

2,84

7

Standard Insurance

2,78

8

AzSighorta

1,35

9

Xalq Sighorta

1,24

10

Bashak-İnam

1,12

11

Kavkaz Sighorta

0,81

12

Era Trans

0,80

13

BE&G

0,65

14

Baku Sighorta

0,58

15

AtaSighorta

0,45

16

Azerbaijan Industry Insurance

0,44

17

Azal Sighorta

0,44

18

Thames Insurance Group

0,29

19

Star Alliance

0,27

20

Alfa Sighorta

0,22

21

AIG Caspian

0,16

22

Fidan Sighorta

0,12

23

Azərqarant

0,11

24

Gunay Anadolu

0,10

25

Amrah Sighorta

0,08

26

Qarant Sighorta

0,01

27

Nişan Sıghorta

0,00

28

Qala Sıghorta

0,00

Unlicensed

1

Abşeron

0,05

2

Azər-Asiya

0,46

TOTAL

40,40

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