Ranking of insurance companies in Azerbaijan on dynamics of payments (2016)

Baku. 24 January. REPORT.AZ/ Report News Agency has prepared ranking of insurance companies in Azerbaijan on dynamics of payments in 2016 (in comparison with 2015): 

No.Insurance companiesAnnual dynamics of payments   
1Silkway Insurance *4,18-fold
2PASHA Life Insurance **2,81-fold
3Gunay Insurance ***2,72-fold
4PASHA Insurance59,74%
5Xalq Insurance24,37%
6Azerinsurance22,80%
7A-Group Insurance15,13%
8Standard Insurance11,81%
9Gala Life Insurance7,89%
10Azinsurance- 1,53%
11Ata Insurance- 16,29%
12Ravan Insurance- 63,39%
13Bashak Inam Insurance- 82,82%
14Gala Insurance ****- 100,00%
15AXA Mbask *****-
16Ateshgah Life Insurance *****-
17Ateshgah Insurance *****-
18Azerbaijan Industry Insurance ***** -
19Mega Insurance *****-
20Baku Insurance *****-
21Amrah Insurance *****-

*Growth of incomings of 'Silkway İnsurance" OJSC is due to insurance payment last month for crushed 'Silkway Airlines' Ltd. plane An-12;

**Growth of payments by PASHA Hayat Sigorta is due to termination of health insurance contracts and provision of payments to customers in this regard;

*"* Growth of Gunay Insurance OJSC's payments is due to re-purchase of assets of Buta Insurance OJSC on June 30;

"" 'Gala Insurance' hadn't made payments.

""* These insurance companies hadn't disclosed reports. 

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