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