Azerbaijan-based insurers ranking for payments growth rate

Azerbaijan-based insurers ranking for payments growth rate
# 04 December 2012 08:35 (UTC +04:00)

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 Ä°nam

-32.86

26

Era Trans

-37.73

27

Ä°pek Yolu Insurance

-70.37

28

Royal Insurance

*

* Royal Insurance company has been in operation since December, 2011.

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