Baku. 10 August. REPORT.AZ/ Analytical Group of Report News Agency has prepared ranking of insurance companies based in Azerbaijan on working efficiency during January-June, 2016.
The table below shows the ranking of insurance companies:
No | Insurance companies | payments and collections ratio |
1 | A-Group Insurance | 1,70 |
2 | Buta Insurance | 1,54 |
3 | Amrah Insurance | 1,42 |
4 | Ateshgah Life Insurance | 0,84 |
5 | Ravan Insurance | 0,79 |
6 | Alfa Insurance | 0,64 |
7 | Baku Insurance | 0,64 |
8 | Xalg Insurance | 0,59 |
9 | Azerbaijan Industry Insurance | 0,59 |
10 | Gala Life Insurance | 0,56 |
11 | International Insurance Company | 0,49 |
12 | AXA-Mbask | 0,37 |
13 | Ateshgah Insurance | 0,343 |
14 | Standard Insurance | 0,335 |
15 | AtaInsurance | 0,334 |
16 | Pasha Insurance | 0,323 |
17 | AzInsurance | 0,317 |
18 | Azerinsurance | 0,27 |
19 | PASHA Life Insurance | 0,24 |
20 | Bashak Inam İnsurance | 0,197 |
21 | Mega Insurance | 0,097 |
22 | Gunay Insurance | 0,010 |
23 | Silkway Insurance | 0,004 |
24 | Azergarant Insurance | 0,003 |
25 | Gala Insurance* | - |
"Gala Insurance" company established on the basis of the "Chartis Azerbaijan" insurance company. In the second half of 2015 "AzRe Reinsurance" bought "Chartis Azerbaijan" for 6.5 mln USD changed company name to "Gala Insurance". During January-June 2015, "Chartis Azerbaijan 's collectionsrepealed.
NOTE: The initial version of the semiannual ranking published in 28.07.2016