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Azerbaijan-based insurers ranking for payments growth rate

17 June 2014 11:16 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. APA-Economics regularly provides ranking of Azerbaijan-based financial organizations for their various figures and financial performance. In the table below, insurers are ranked by payments growth rate during January-May, 2014.

â„–	Insurers	Payments (AZN)	Growth
1	“Azerbaijan Industry Sigorta”	5,905,343.50	24.7 times
2	“Royal Sigorta”	8,313.97	22.1 times
3	“Buta Sigorta”	928,254.46	2.3 times
4	“Bashak Inam Insurance Company”	530,730.83	2.2 times
5	“Pasha Life Insurance”	672,671.32	93.31%
6	“Ateshgah Life”	1,620,235.92	84.28%
7	“Era Trans”	139,716.02	59.10%
8	“Xalq Sigorta”	1,048,192.66	27.41%
9	“Ata Sigorta”	1,028,686.43	25.16%
10	“Azsigorta”	2,997,203.26	23.62%
11	“Mega Sigorta”	406,402.20	18.36%
12	“AXA MBask”	2,968,022.93	18.08%
13	“Qarant Sigorta”	770,532.67	16.30%
14	“Emrah Sigorta”	174,886.17	6.93%
15	“Azersigorta”	4,180,536.00	1.18%
16	“Pasha Sigorta”	11,066,826.25	0.56%
17	“Alfa Sigorta”	556,067.16	- 5.02%
18	“International insurance Company”	1,797,657.04	- 7.73%
19	“Standard Insurance”	2,189,904.34	- 10.20%
20	“A-Group Insurance Company”	1,734,130.10	- 11.74%
21	“Ateshgah Sigorta”	4,335,937.47	- 13.17%
22	“Gunay Sigorta”	24,003.41	- 14.67%
23	“Qala Life”	100,965.96	- 31.77%
24	“Revan Sigorta”	323,365.78	- 36.45%
25	“Silk Way Insurance”	24,111.57	- 48.01%
26	“Azerqarant Sigorta”	47,418.42	- 2.1 times
27	“Baki Sigorta”	765,668.42	- 2.9 times
28	“Chartis Azerbaijan”	272.00	- 2,000 times
	Total	55,211,550.42	12.95%