Ranking of Azerbaijani insurance companies on efficiency ratio (January-June 2015)

Nərmin Rəhimova
Author

Baku. 29 July. REPORT.AZ/ Report News Agency prepared ranking of insurance companies based in Azerbaijan on efficiency ratio during January-June, 2015 (in comparison with January- June, 2014).

Ranking prepared based on a report issued by the State Insurance Supervision Service.

NoInsurance companiesEfficiency ratio
1Silk Way Insurance407,61
2Azergarant87,58
3Mega Insurance10,76
4PASHA Life Insurance5,02
5AzInsurance4,46
6International Insurance Company 3,75
7Ateshgah Insurance3,49
8AzerInsurance3,27
9Alfa Insurance2,87
10PASHA Insurance2,81
11Xalg Insurance2,74
12AtaSInsurance2,71
13Ateshgah Life Insurance2,70
14Standard Insurance2,65
15Garant Insurance2,38
16Azerbaijan Industry Insurance2,24
17Bashak Inam Insurance2,18
18Baku Insurance1,76
19Amrah Insurance1,69
20Ravan Insurance1,54
21AXA-Mbask1,51
22Gunay Insurance0,81
23A-Group Insurance0,81
24Gala Life Insurance0,71
25Buta Insurance0,33
26Era Trans Insurance0
27Chartis Azerbaijan0

The ranking reflects the proportion of incomings and payments of insurance companies; in companies with a ratio below 1.00 payments exceed income.

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