Azersighorta tops the ranking of insurers for insurance claim payment in January-September

Azersighorta tops the ranking of insurers for insurance claim payment in January-September
# 11 December 2008 11:00 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based insurance companies paid in total AZN 36.82 million for insurance claims during January-September, up 45.2% on the same period last year.
According to the exact information provided by the Ministry of Finance, Azersighorta State Insurance Company tops the list with AZN 9.43 million, or 25.6% of the total payments for insurance claims.
MBASK Sighorta (AZN 4.50 million or 12.2%) and Ateshgah (AZN 3.14 million or 8.5%) are among the first three. The three has a share of 46.4% in the total payments. Two insurers (Gala Sighorta and Nishan Sighorta) made no payment for insurance claims.
Qarant Sighorta was granted a license on July 31, 2008.

Insurers

Payments

1

Azersighorta

9,43

2

MBASK

4,50

3

Ateshgah

3,14

4

International Insurance Company

3,11

5

A-Group

3,10

6

Standard Insurance

3,03

7

AzSighorta

1,35

8

Xalq Sighorta

1,24

9

Bashak-İnam

1,12

10

Kavkaz Sighorta

0,83

11

Era Trans

0,80

12

BE&G

0,67

13

Baku Sighorta

0,58

14

Pasha Sighorta

0,57

15

Azalsighorta

0,46

16

AtaSighorta

0,45

17

Azerbaijan Industry Insurance

0,44

18

Thames Insurance Group

0,29

19

Star Alliance

0,27

20

Alfa Sighorta

0,23

21

AIG Caspian

0,16

22

Fidan Sighorta

0,12

23

Azerqarant

0,11

24

Gunay Anadolu

0,10

25

Amrah Sighorta

0,08

26

Qarant Sighorta

0,003

27

Nishan Sighorta

-

28

Qala Sighorta

-

Unlicensed

1

Absheron

0,05

2

Azer-Asiya

0,59

Total

36,82

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