Ranking of Azeri insurers for their share in total insurance claim payment across the country

Ranking of Azeri insurers for their share in total insurance claim payment across the country
# 24 October 2008 09:17 (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.
It is followed by Pasha Sighorta (12.33%) and MBASK (11.14%).

Insurers

Their share in total claim payment

1

Azersighorta

22,99%

2

Pasha Sighorta

12,33%

3

MBASK

11,14%

4

Ateshgah

7,85%

5

International Insurance Company

7,67%

6

A-Group

7,03%

7

Standard Insurance

6,88%

8

AzSighorta

3,34%

9

Xalq Sighorta

3,07%

10

Bashak-Inam

2,77%

11

Kavkaz Sighorta

2,00%

12

Era Trans

1,98%

13

BE&G

1,61%

14

Bakı Sighorta

1,44%

15

AtaSighorta

1,11%

16

Azerbaijan Industry Insurance

1,09%

17

Azalsighorta

1,09%

18

Thames Insurance Group

0,72%

19

Star Alliance

0,67%

20

Alfa Sighorta

0,54%

21

AIG Caspian

0,40%

22

Fidan Sighorta

0,30%

23

Azerqarant

0,27%

24

Gunay Anadolu

0,25%

25

Amrah Sighorta

0,20%

26

Qarant Sighorta

0,02%

27

Nshan Sighorta

0,00%

28

Qala Sighorta

0,00%


Two insurers (Gala Sighorta and NishanSighorta) made no payment for insurance claims.
Qala Sighorta was issued a license on July 31, 2008.
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THE OPERATION IS BEING PERFORMED