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

Ranking of Azerbaijani insurance companies on dynamics of payments (January-June, 2016) Report News Agency has prepared ranking of insurance companies based in Azerbaijan
Finance
August 10, 2016 14:48
Ranking of Azerbaijani insurance companies on dynamics of payments (January-June, 2016)

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

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