BAKU, Azerbaijan, June 1
By Yusif Aghayev - Trend:
The amount of insurance fees collected in Azerbaijan from January through April 2020 has been disclosed, Trend reports with reference to the data of the Central Bank of Azerbaijan.
According to the bank, in the reporting period, the insurance companies of Azerbaijan collected 311.3 million manat ($183.1 million) of insurance premiums, which is 46 million manat ($27 million) or approximately 17.3 percent more than in the same period of 2019.
Below is a review of fees among the domestic insurance companies.
|
Pasha Hayat Sigorta |
95.75 mln manat ($56.32 mln) |
|
Pasha Sigorta |
83.3 mln manat ($49 mln) |
|
Azerbaijani State Insurance Commercial Company |
37.1 mln manat ($21.87 mln) |
|
Ateshgah Life Insurance |
15.5 mln manat ($9.1 mln) |
|
Qala Sigorta |
12.437 mln manat ($7.32 mln) |
|
Mega Sigorta |
9.5 mln manat ($5.59 mln) |
|
Ateshgah Sigorta |
9.04 mln manat ($5.32 mln) |
|
Silk Way Insurance |
9.007 mln manat ($5.3 mln) |
|
Xalq Sigorta |
8.65 mln manat ($5.09 mln) |
|
AtaSigorta |
5.3 mln manat ($3.1 mln) |
|
Standard Insurance |
4.3 mln manat ($2.5 mln) |
|
AZSIGORTA |
4.05 mln manat ($2.3 mln) |
|
Azerbaijan Industrial Insurance |
3.87 mln manat ($2.28 mln) |
|
A-Qroup |
3.84 mln manat ($2.26 mln) |
|
Qala Hayat Sigorta |
3.732 mln manat ($2.2 mln) |
|
Gunay Sigorta |
2.36 mln manat ($1.39 mln) |
|
Revan Sigorta |
991,000 manat ($582,940) |
|
Amrah Sigorta |
761,000 manat ($447,650) |
|
Xalq Hayat Sigorta |
672,000 manat ($395,290) |
|
Bakı Sigorta |
448,000 manat ($263,530) |
|
Nakhchivan Sigorta |
336,000 manat ($197,650) |
|
AXA MBASK Sigorta |
5,000 manat ($2,940) |
|
TOTAL |
311.3 mln manat ($183.1 million) |
Presently, 21 insurance companies and one reinsurance company operate in Azerbaijan.
(1 USD = 1.7 AZN on June 1)