Azerbaijan-based insurers ranking for payments’ annual growth

 Azerbaijan-based insurers ranking for payments’ annual growth
# 14 January 2013 09:03 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. APA-Economics regularly provides ranking of Azerbaijan-based financial organizations for their various figures and financial performance. In the table below, the insurers are ranked by their insurance payments’ annual growth in 2012.

Insurers

Annual growth (%)

1

Ateshgah Life Insurance

21.9 times

2

Pasha Insurance

10.4 times

3

Mega Insurance

4.2 times

4

Gala Life Insurance

3.3 times

5

Chartis Azerbaijan

3.3 times

6

Baku Insurance

145.28

7

Buta Insurance

126.43

8

Alfa Insurance

110.97

9

PASHA Life Insurance

98.90

10

Standard Insurance

91.46

11

AzInsurance

84.88

12

AXA-Mbask

80.89

13

Ateshgah Insurance

52.00

14

Azergarant

49.52

15

Revan Insurance

40.29

16

Emrah Insurance

29.00

17

AtaInsurance

25.02

18

Garant Insurance

23.34

19

A-Group

13.48

20

International Insurance Company

13.10

21

AzerInsurance

6.26

22

Azerbaijan Industry Insurance

-9.66

23

Xalg Insurance

-13.92

24

Bashak Ä°nam

-25.59

25

Gunay Insurance

-28.79

26

Era Trans

-32.71

27

Silk Way Insurance

-79.56

28

Royal Insurance*

-

*Royal Insurance company started to operate in December of 2011.

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