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Ranking of Azerbaijani insurance companies on efficiency ratio (January-June 2015)
Finance
- 29 July, 2015
- 11:03
Baku. 29 July. REPORT.AZ/ Report News Agency prepared ranking of insurance companies based in Azerbaijan on efficiency ratio during January-June, 2015 (in comparison with January- June, 2014).
Ranking prepared based on a report issued by the State Insurance Supervision Service.
| No | Insurance companies | Efficiency ratio |
| 1 | Silk Way Insurance | 407,61 |
| 2 | Azergarant | 87,58 |
| 3 | Mega Insurance | 10,76 |
| 4 | PASHA Life Insurance | 5,02 |
| 5 | AzInsurance | 4,46 |
| 6 | International Insurance Company | 3,75 |
| 7 | Ateshgah Insurance | 3,49 |
| 8 | AzerInsurance | 3,27 |
| 9 | Alfa Insurance | 2,87 |
| 10 | PASHA Insurance | 2,81 |
| 11 | Xalg Insurance | 2,74 |
| 12 | AtaSInsurance | 2,71 |
| 13 | Ateshgah Life Insurance | 2,70 |
| 14 | Standard Insurance | 2,65 |
| 15 | Garant Insurance | 2,38 |
| 16 | Azerbaijan Industry Insurance | 2,24 |
| 17 | Bashak Inam Insurance | 2,18 |
| 18 | Baku Insurance | 1,76 |
| 19 | Amrah Insurance | 1,69 |
| 20 | Ravan Insurance | 1,54 |
| 21 | AXA-Mbask | 1,51 |
| 22 | Gunay Insurance | 0,81 |
| 23 | A-Group Insurance | 0,81 |
| 24 | Gala Life Insurance | 0,71 |
| 25 | Buta Insurance | 0,33 |
| 26 | Era Trans Insurance | 0 |
| 27 | Chartis Azerbaijan | 0 |
The ranking reflects the proportion of incomings and payments of insurance companies; in companies with a ratio below 1.00 payments exceed income.
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