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Azerbaijan-based insurers ranking for payments growth rate

31 October 2016 07:56 (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 2016.

â„–	Insurers	Insurance payments (AZN)	Market share
1	“Pasha Insurance”	33,159,900	19.86%
2	“Pasha life Insurance”	25,596,742	15.33%
3	“Ateshgah Life”	20,430,970	12.24%
4	“Qala Life”	19,001,140	11.38%
5	"Azersigorta"	12,532,450	7.51%
6	“Ateshgah”	11,420,433	6.84%
7	“AXA MBASK”	6,760,767	4.05%
8	“Standard Insurance”	6,330,840	3.79%
9	“A-Group Insurance”	6,073,549	3.64%
10	“AzSigorta”	5,741,725	3.44%
11	“Xalq Insurance”	4,478,072	2.68%
12	“International Insurance Company”	2,731,284	1.64%
13	“AtaSigorta”	2,536,445	1.52%
14	“Azerbaijan Industry Insurance”	2,352,455	1.41%
15	“Silk Way Insurance”	2,219,695	1.33%
16	“Mega Insurance ”	2,103,272	1.26%
17	“Buta Insurance”	1,198,235	0.72%
18	“Alfa Insurance”	811,624	0.49%
19	“Revan Insurance”	603,069	0.36%
20	“Baki Insurance”	560,308	0.34%
21	“Bashak Inam Insurance	128,791	0.08%
22	“Amrah Insurance”	126,750	0.08%
23	“Azerqarant Insurance”	98,779	0.06%
24	“Gunay Insurance”	72,412	0.04%
25	“Qala Insurance”	0	0%
	TOTAL	166,971,916	100%