Finance

Finance

Azerbaijan-based insurers ranking for premiums growth rate

14 August 2013 12:12 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. APA-Economics regularly provides ranking of Azerbaijan-based financial organizations for their various figures and financial performance. In the table below, the insurers are ranked by their insurance premiums’ growth rate in January-July, 2013.

	Insurers	Annual growth (%)
1	Buta Insurance	7.9 times
2	Mega Insurance	2.4 times
3	Royal Insurance	2.2 times
4	PASHA Life Insurance	97.21
5	Azerbaijan Industry Insurance	89.88
6	Gala Life Insurance	43.82
7	AzerInsurance	39.62
8	Ateshgah Life Insurance	33.65
9	Bashak Inam	31.46
10	Revan Insurance	20.62
11	Baku Insurance	14.43
12	AzInsurance	14.04
13	Pasha Insurance	9.82
14	SilkWay Insurance	8.62
15	AtaInsurance	1.89
16	Ateshgah Insurance	-0.72
17	International Insurance Company	-2.34
18	Standard Insurance	-13.97
19	Alfa Insurance	-14.24
20	Gunay Insurance	-15.56
21	Xalg Insurance	-16.76
22	Emrah Insurance	-19.93
23	AXA-Mbask	-20.16
24	Chartis Azerbaijan	-25.20
25	Era Trans	-28.59
26	Garant Insurance	-32.28
27	A-Group	-40.79
28	Azergarant	-57.06