Ranking of insurance companies on revenues (January-July, 2016)

Economic Department
Author

Baku. 29 August. REPORT.AZ/ Analytical Group of Report News Agency has prepared ranking of insurance companies based in Azerbaijan on revenues during January-July, 2016.

The table below shows the ranking of insurance companies:

No.Insurance companiesInsurance fees (AZN)
1PASHA Insurance70 902 332,00
2PASHA Life Insurance49 579 820,21
3Azerinsurance34 211 449,00
4Silkway Insurance16 849 689,84
5Mega Insurance14971358,07
6Standard Insurance14 641 692,00
7Azinsurance12637541,00
8Ata Insurance6 593 765,20
9Xalq Insurance5 578 871,11
10Gala Insurance3447 735,00
11Gunay Insurance2 109 397,77
12Ravan Insurance701 360,56
13Bashak Inam Insurance459 798,01
14Azergarant Insurance201 060,00
16A-Group Insurance*-
17AXA-Mbask*-
18Alfa Insurance*-
15Amrah Insurance*-
19Ateshgah Insurance*-
20Ateshgah Life Insurance*-
21Azerbaijan Industry Insurance*-
22Baku Insurance*-
23Gala Life Insurance*-
24International Insurance Company*-

*These insurance companies have not disclosed fees for the period.

Other News

EDB becomes co-founder of private equity fund for Central Asia, South Caucasus 23 October, 2026 / 17:03
Azerbaijan plans 12.4% increase in science funding for 2027 23 October, 2026 / 15:31
Azerbaijan, Uzbekistan exchange experience in financial sector 23 October, 2026 / 14:50
Vugar Bayramov: Over last 6 years, GDP of Azerbaijan's Karabakh region grown fourfold 23 October, 2026 / 13:35
Subsidies to Azerbaijan's Nakhchivan to be reduced 6.4% in 2027 23 October, 2026 / 10:29
Azerbaijan to double upper limit for state guarantees 23 October, 2026 / 10:24
Azerbaijan to allocate over $240M to reserve funds in 2027 23 October, 2026 / 10:22
Azerbaijan plans 22.2% rise in health insurance fund allocations in 2027 23 October, 2026 / 10:05
Azerbaijan's consolidated budget deficit upper limit for 2027 down 4.9% 23 October, 2026 / 09:56
All 67 Azerbaijani cities and districts to cover own spending in 2027 23 October, 2026 / 09:48
Azerbaijan's draft 2027 state budget submitted to parliament 23 October, 2026 / 09:23
CBA currency exchange rates (23.10.2026) 23 October, 2026 / 09:20
Key indicators of world commodity, stock, and currency markets (23.10.2026) 23 October, 2026 / 09:09
Azerbaijan extends tax incentives for tech park residents to 20 years 22 October, 2026 / 21:31
ING: Azerbaijan's nominal GDP to exceed $81B by 2026 22 October, 2026 / 16:36
ING releases forecast for Azerbaijan's current account surplus through 2029 22 October, 2026 / 16:26
ING Group evaluates outlook for Azerbaijan's sovereign debt for 2026–2028 22 October, 2026 / 16:09
ING: Central Bank of Azerbaijan's forex reserves to reach $18.6B by 2026 22 October, 2026 / 15:59
ING: Non-oil sector to remain primary engine of Azerbaijan's economy in 2026–2028 22 October, 2026 / 15:56
ING: Azerbaijan's foreign trade surplus to exceed $11B in 2026 22 October, 2026 / 15:54