BAKU, Azerbaijan, June 25
By Yusif Aghayev - Trend:
The data on payments in the Azerbaijani insurance market for the first 5 months of 2020 has been disclosed, Trend reports citing the published report of Central Bank of Azerbaijan (CBA).
In the reporting period, Azerbaijani insurance companies paid insurance claims in the amount of 136.8 million manat ($80.4 million), which is 43 million manat ($25.2 million) or 45.9 percent more compared to the same period in 2019.
Below is a review of the fees among domestic insurance companies:
|
Pasha Hayat Sigorta |
57.3 mln manat ($33.7 mln) |
|
Pasha Sigorta |
27.9 mln manat ($16.4 mln) |
|
Ateshgah Hayat |
12.9 mln manat ($7.5 mln) |
|
Xalq Sighorta |
7.1 mln manat ($4.1 mln) |
|
Ateshgah |
6.6 mln manat ($3.8 mln) |
|
State Insurance Commerce Company |
5.9 mln manat ($3.4 mln) |
|
AТА Sigorta |
3.9 mln manat ($2.2 mln) |
|
A-Group |
3.5 mln manat ($2 mln) |
|
AZSIGORTA |
2.3 mln manat ($1.3 mln) |
|
Silk Way Insurance |
1.9 mln manat ($1.1 mln) |
|
Mega Sigorta |
1.8 mln manat ($1.06 mln) |
|
Qala Hayat |
1.4 mln manat ($820,000) |
|
Qala Sigorta |
1.2 mln manat ($710,000) |
|
Gunay Sighorta |
927,000 ($545,290) |
|
Azerbaijan Industrial Insurance |
734,000 ($431,760) |
|
Amrah Sigorta |
325,000 ($191,180) |
|
AXA MBASK |
274,000 ($161,100) |
|
Ravan Sigorta |
176,000 ($103,530) |
|
Baki Sigorta |
78,000 ($45,880) |
|
Xalq Hayat Insurance |
- |
|
Naxchıvansigorta |
- |
|
TOTAL OJSC |
136.8 mln ($80.4 million) |
Today, 21 insurance companies and one reinsurance company operate in Azerbaijan.
(1USD = 1.7 AZN on June 25)