BAKU, Azerbaijan, June 25
By Yusif Aghayev – Trend:
Azerbaijan has disclosed the data on premiums collected in the insurance market from January through May 2020, Trend reports on June 25 referring to the published report of the Central Bank of Azerbaijan.
In accordance with the report, Azerbaijani insurance companies collected insurance premiums worth 355.9 million manat ($209.3 million) from January through May 2020.
The amount of the collected premiums from January through May 2020 is by 36.6 million manat ($21.5 million), or approximately 11.5 percent, more than in the same period of 2019.
The review of the premiums among domestic insurance companies is as follows:
# |
Insurance company |
Insurance premiums |
1 |
"Pasha Hayat Sigorta" |
116.5 million manat ($68.5 million) |
2 |
"Pasha Sigorta" |
90.6 million manat ($53.3 million) |
3 |
Azerbaijani State Insurance Commercial Company |
38.3 million manat ($22.5 million) |
4 |
"Ateshgah Hayat" |
18.05 million manat ($10.6 million) |
5 |
"Qala Sigorta" |
17.6 million manat ($10.3 million) |
6 |
"Xalq Sigorta" |
10.8 million manat ($6.3 million) |
7 |
"Meqa Sigorta" |
10.5 million manat ($6.2 million) |
8 |
"Ateshgah" |
10.5 million manat ($6.2 million) |
9 |
"Ipek Yolu Sigorta" |
9.2 million manat ($5.4 million) |
10 |
"AtaSigorta" |
6.2 million manat ($3.6 million) |
11 |
"A-Qroup" |
5.3 million manat ($3.1 million) |
12 |
"AZSIGORTA" |
5.2 million manat ($3.05 million) |
13 |
"Qala Hayat" |
5.2 million manat ($3.05 million) |
14 |
Azerbaijan Industrial Insurance Company |
4.4 million manat ($2.6 million) |
15 |
"Gunay Sigorta" |
3.3 million manat ($1.9 million) |
16 |
Xalq Hayat" |
1.1 million manat ($647,058) |
17 |
"Amrah Sigorta" |
1.07 million manat ($629,411) |
18 |
"Revan Sigorta" |
1.05 million manat ($617,647) |
19 |
"Baku Sigorta" |
575,000 manat ($338,235) |
20 |
"Nakhchivansigorta" |
440,000 manat ($258,823) |
21 |
"AXA MBASK" |
5,000 manat ($2,941) |
Total: |
355.9 million manat ($209.3 million) |
|
Today, 21 insurance companies and one reinsurance company operate in Azerbaijan.
(1 USD = 1.7 AZN on June 25)