BAKU, Azerbaijan, Mar. 31

By Yusif Aghayev - Trend:

The data on collections in the Azerbaijani insurance market for February 2020 were disclosed, Trend reports referring to a report of Azerbaijan’s Central Bank (CBA).

According to the report, Azerbaijani insurance companies collected premiums in the amount of 190.7 million manat ($112.1 million) in February 2020, which is 57.9 million manat more compared to February 2019.

Below is a review of the fees among domestic insurance companies (in million manat):

1

Paşa Sığorta

6.727

2

Paşa Həyat Sığorta

3.1803

3

İpək Yolu Sığorta

8.025

4

Qala Sığorta

9.05

5

Atəşgah

6.427

6

Xalq Sığorta

5.568

7

Atəşgah Həyat

6.841

8

Meqa Sığorta

4.021

9

A-Qroup Sığorta Şirkəti

2.343

10

Standard Insurance

2.559

11

Azərbaycan Sənaye Sığorta

2.135

12

State Insurance Commerce Company of the Azerbaijan Republic

3.4455

13

AtaSığorta

2.808

14

AZSIĞORTA

2.391

15

Günay Sığorta

1.299

16

Qala Həyat

1.758

17

Rəvan Sığorta

0.705

18

Amrah Sığorta

0.529

19

Xalq Həyat

0.313

20

Naxçıvansığorta

0.185

21

Bakı Sığorta

0.259

22

AXA MBASK

0.002

Total

190.744

Today, 22 insurance companies and one reinsurance company operate in Azerbaijan.

(1 USD = 1.7 manat on March 31)