Ranking of Azerbaijani insurance companies on dynamics of payments (January-June, 2016)

Finance

10 August, 2016
10:48

Ranking of Azerbaijani insurance companies on dynamics of payments (January-June, 2016)

Add Report.az to preferred Google sources

Stay up to date with the top news!

Baku. 10 August. REPORT.AZ/ Analytical Group of Report News Agency has prepared ranking of insurance companies based in Azerbaijan on dynamics of payments during January-June, 2016.

The table below shows the ranking of insurance companies:

No	Insurance companies	Dynamics %
1	Ateshgah Life Insurance	107,51
2	Silkway Insurance	83,11
3	Xalg Insurance	81,69
4	PASHA Life Insurance	63,18
5	Azerinsurance	50,17
6	PASHA Insurance	48,20
7	Mega Insurance	26,52
8	A-Group Insurance	18,57
9	Standard Insurance	15,86
10	Ateshgah Insurance	- 2,91
11	AzInsurance	- 9,79
12	AtaInsurance	- 17,33
13	International Insurance Company	- 24,43
14	Ravan Insurance	- 26,05
15	Azerbaijan Industry Insurance	- 28,03
16	Alfa Insurance	- 28,76
17	AXA-Mbask	- 29,22
18	Gala Life Insurance	- 41,34
19	Azergarant	- 57,74
20	Baku Insurance	- 59,06
21	Bashak Inam Insurance	- 71,78
22	Gunay Insurance	- 75,17
23	Amrah Insurance	- 76,31
24	Buta Insurance	- 76,32
25	Gala Insurance	- 100,00

"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 collectionsrepealed.

NOTE: The initial version of the semiannual ranking published in 28.07.2016