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Azerbaijan-based insurers ranking for payments growth rate

17 October 2014 10:42 (UTC +04:00)

Baku. Musa Ahmadov – 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-September, 2014.

â„–	Insurers	Payments (manat)	Growth
1	“Ateshgah Life” OJSC	20,686,023.62	9.37 times
2	“Azerbaijan Industry Insurance” OJSC	7,441,696.10	4.09 times
3	“Silk Way Insurance” OJSC	286,200.25	3.76 times
4	“Pasha Life Insurance” OJSC	2,225,348.23	2.48 times
5	“Qala Life” OJSC	631,581.03	2.34 times
6	“Royal Sigorta” OJSC	8,313.97	81.52%
7	“Buta Sigorta” OJSC	2,251,369.31	55.89%
8	“Qarant Sigorta” OJSC	1,992,375.71	37.79%
9	“Atasigorta”OJSC	2,587,776.23	35.77%
10	“Alfa Sigorta” OJSC	1,374,167.53	33.00%
11	“AXA-MBask” OJSC	7,478,982.84	23.48%
12	“Azsigorta” OJSC	7,246,902.47	9.68%
13	“Xalq Sigorta” OJSC	2,586,572.44	8.79%
14	“Mega Sigorta” OJSC	1,200,134.46	7.41%
15	“A-Qroup” OJSC	5,160,637.48	6.86%
16	“Azersigorta” DSKSH	9,899,202.00	3.46%
17	“Pasha Sigorta” OJSC	19,941,031.48	-0.24%
18	“Era Trans” OJSC	259,366.32	-1.44%
19	“Ateshgah Sigorta” OJSC	10,229,194.28	-5.79%
20	“Gunay Sigorta” OJSC	68,632.08	-6.88%
21	“Standart Insurance” OJSC	5,188,779.67	-10.41%
22	“Amrah Insurance” OJSC	336,438.97	-12.53%
23	“International Insurance Company” OJSC	3,865,927.08	-14.66%
24	“Revan Sigorta” OJSC	715,805.48	-18.43%
25	“Bashak Inam” OJSC	907,027.85	-24.48%
26	“Baki Sigorta” OJSC	1,770,166.97	-41.47%
27	“Azerqarant Sigorta” OJSC	47,658.62	-4.11 times
28	“Chartis Azerbaijan” OJSC	693.00	-555.55 times
	Total	116,388,005.5	31.46%