Baku 21° C
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Baku. 10 August. REPORT.AZ/ Analytical Group of Report News Agency has prepared ranking of insurance companies based in Azerbaijan on dynamics of revenues during January-June, 2016.
The table below shows the ranking of insurance companies:
| No | Insurance companies | Annual dynamics % |
| 1 | Gunay Insurance | 2 828,29 |
| 2 | Azerinsurance | 67,80 |
| 3 | PASHA Insurance | 63,70 |
| 4 | Gala Life Insurance | 48,27 |
| 5 | Azergarant Insurance | 43,78 |
| 6 | PASHA Life Insurance | 37,36 |
| 7 | Standard İnsurance | 30,52 |
| 8 | AXA-Mbask | 27,50 |
| 9 | Mega İnsurance | 21,77 |
| 10 | Silkway Insurance | 14,33 |
| 11 | Xalg Insurance | 12,35 |
| 12 | Ateshgah Life Insurance | - 7,87 |
| 13 | AtaInsurance | - 8,50 |
| 14 | A-Group Insurance | - 13,40 |
| 15 | Ateshgah Insurance | - 18,90 |
| 16 | Bashak Inam Insurance | - 34,18 |
| 17 | AzInsurance | - 36,26 |
| 18 | Ravan Insurance | - 39,34 |
| 19 | Azerbaijan Industry Insurance | 45,37 |
| 20 | Buta Insurance | - 53,31 |
| 21 | International Insurance Company | - 59,03 |
| 22 | Alfa Insurance | - 61,31 |
| 23 | Baku Insurance | - 63,54 |
| 24 | Amrah Insurance | - 90,11 |
| 25 | Qala 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 During January-June 2015, "Chartis Azerbaijan 's collections repealed.
NOTE: The initial version of the semiannual ranking published in 28.07.2016
