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.