Azerbaijan-based insurers ranking for revenues

Azerbaijan-based insurers ranking for revenues
# 04 December 2012 08:20 (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 revenues growth rate with the available data as of January-October, 2012.

Insurers

Annual growth (%)

1

Mega Insurance

355.28

2

Pasha Insurance

304.89

3

Buta Insurance

234.77

4

Standard Insurance

116.75

5

AtaInsurance

115.60

6

Ateshgah Insurance

109.37

7

AzInsurance

91.43

8

Alfa Insurance

81.02

9

Emrah Insurance

74.62

10

Ateshgah Life Insurance

74.57

11

PASHA Life Insurance

65.61

12

Revan Insurance

57.18

13

AXA-Mbask

47.15

14

Garant Insurance

42.60

15

Azergarant

42.58

16

Xalg Insurance

41.00

17

Gala Life Insurance

30.47

18

Baku Insurance

23.84

19

International Insurance Company

23.25

20

AzerInsurance

22.22

21

Bashak Ä°nam

20.50

22

A-Group

16.63

23

Chartis Azerbaijan

8.21

24

Azerbaijan Industry Insurance

7.85

25

Gunay Insurance

-11.19

26

Era Trans

-53.05

27

SilkWay Insurance

-60.50

28

Royal Insurance

*

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

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