Ranking of Azerbaijan's insurance companies by volume of expenses in 2021

Finance
  • 16 April, 2022
  • 08:21
Ranking of Azerbaijan's insurance companies by volume of expenses in 2021

Report News Agency presents the ranking of insurance companies operating in Azerbaijan by the volume of their expenses in 2021.

№

Insurance companies

Expenses (manat)

Dynamics

1

PASHA Life Insurance

268,210,113.48

-5.1%

2

PASHA Insurance

160,246,553.00

8.2%

3

Azerinsurance

73,414,402.90

-8.4%

4

Ateshgah Life Insurance

41,463,596.05

-38.7%

5

Xalq Insurance

32,999,919.74

8.6%

6

Gala Insurance

31,673,283.63

-5.1%

7

Ateshgah Insurance

24,930,050.91

-13.1%

8

Mega Insurance

20,952,759.33

-16.7%

9

A-Group Insurance

19,262,011.34

40.4%

10

Silkway Insurance

18,853,418.61

-3.9%

11

Atainsurance

18,017,166.64

-0.4%

12

Azinsurance

15,815,202.22

-19.6%

13

Gala Life Insurance

13,205,233.05

-9.0%

14

Gunay Insurance

11,503,161.92

31.8%

15

Azerbaijan Industry Insurance

10,821,385.84

60.2%

16

Baku Insurance

5,601,369.96

2.3 times

17

Xalq Life Insurance

3,686,085.88

30.2%

18

Nakhchivan Insurance

1,152,988.07

2.1 times

19

Mega Life Insurance

724,274.32

3.1 times

20

Agro Insurance

628,367.00

3.1 times

Total

773,161,343.89

-3.8%

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