Baku. Vahab Rzayev – APA-Economics. APA-ECONOMICS provides ranking of Azerbaijan-based organizations for their various figures and financial performance.
The project aims to highlight their financial performance and update the public and potential investors. In the table below, insurers are ranked for payments growth rate with the available data as of January-October, 2012.
|
|
Insurers
|
Annual growth (%)
|
|
1 |
Ateshgah Life Insurance |
23.5 times |
|
2 |
Pasha Insurance |
9.7 times |
|
3 |
Mega Insurance |
7.6 times |
|
4 |
Chartis Azerbaijan |
4.2 times |
|
5 |
Baku Insurance |
3.3 times |
|
6 |
PASHA Life Insurance |
2.9 times |
|
7 |
Gala Life Insurance |
2.6 times |
|
8 |
Alfa Insurance |
2.5 times |
|
9 |
Standard Insurance |
92.61 |
|
10 |
AXA-Mbask |
73.64 |
|
11 |
AzInsurance |
59.28 |
|
12 |
Azergarant |
46.85 |
|
13 |
Emrah Insurance |
46.51 |
|
14 |
Ateshgah Insurance |
42.56 |
|
15 |
Garant Insurance |
38.13 |
|
16 |
Revan Insurance |
36.75 |
|
17 |
AtaInsurance |
35.66 |
|
18 |
Buta Insurance |
32.54 |
|
19 |
International Insurance Company |
13.09 |
|
20 |
A-Group |
9.19 |
|
21 |
AzerInsurance |
5.03 |
|
22 |
Xalg Insurance |
-13.34 |
|
23 |
Azerbaijan Industry Insurance |
-23.62 |
|
24 |
Gunay Insurance |
-27.22 |
|
25 |
Bashak İnam |
-32.86 |
|
26 |
Era Trans |
-37.73 |
|
27 |
İpek Yolu Insurance |
-70.37 |
|
28 |
Royal Insurance |
* |
* Royal Insurance company has been in operation since December, 2011.