Ranking of insurance companies in Azerbaijan on dynamics of payments (2016)

Finance

24 January, 2017
13:27

Ranking of insurance companies in Azerbaijan on dynamics of payments (2016)

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Baku. 24 January. REPORT.AZ/ Report News Agency has prepared ranking of insurance companies in Azerbaijan on dynamics of payments in 2016 (in comparison with 2015):

No.	Insurance companies	Annual dynamics of payments
1	Silkway Insurance *	4,18-fold
2	PASHA Life Insurance **	2,81-fold
3	Gunay Insurance ***	2,72-fold
4	PASHA Insurance	59,74%
5	Xalq Insurance	24,37%
6	Azerinsurance	22,80%
7	A-Group Insurance	15,13%
8	Standard Insurance	11,81%
9	Gala Life Insurance	7,89%
10	Azinsurance	- 1,53%
11	Ata Insurance	- 16,29%
12	Ravan Insurance	- 63,39%
13	Bashak Inam Insurance	- 82,82%
14	Gala Insurance ****	- 100,00%
15	AXA Mbask *****	-
16	Ateshgah Life Insurance *****	-
17	Ateshgah Insurance *****	-
18	Azerbaijan Industry Insurance *****	-
19	Mega Insurance *****	-
20	Baku Insurance *****	-
21	Amrah Insurance *****	-

*Growth of incomings of 'Silkway İnsurance" OJSC is due to insurance payment last month for crushed 'Silkway Airlines' Ltd. plane An-12;

**Growth of payments by PASHA Hayat Sigorta is due to termination of health insurance contracts and provision of payments to customers in this regard;

*"* Growth of Gunay Insurance OJSC's payments is due to re-purchase of assets of Buta Insurance OJSC on June 30;

"" 'Gala Insurance' hadn't made payments.

""* These insurance companies hadn't disclosed reports.