Azerbaijan, Baku, June 11 / Trend , U.Ismayilova/
The Azerbaijani Finance Ministry divulged on-line data on outcomes of 10 insurance companies' activities to which belong 84.7 percent of the total insurance collections and 86.5 percent of the total payments in January-April, 2009.
There are a total of 28 insurance companies and one re-insurance company operating in Azerbaijan.
Insurance company |
Premiums in Jan-Apr, Million manat |
Payments in Jan-Apr, million manat |
Premiums over Jan-Mar. Million manat |
Payments over Jan-Mar. million manat |
Azal Sigorta |
12.50 |
00.00 |
9.05 |
00.00 |
Azersigorta |
10.21 |
4.16 |
5.80 |
2.86 |
Beynelxalg Sigorta |
4.23 |
1.32 |
3.04 |
0.86 |
A-Qroup |
4.20 |
1.05 |
3.55 |
0.59 |
Az Sigorta |
3.87 |
1.34 |
2.92 |
0.94 |
Atesgah Sigorta |
3.41 |
1.48 |
2.86 |
0.99 |
Standard Insurance |
3.37 |
1.01 |
3.01 |
0.60 |
Xalg Sigorta |
3.19 |
0.40 |
2.85 |
0.27 |
MBASK |
2.42 |
1.77 |
2.07 |
1.39 |
Pasa Sigorta |
2.10 |
0.65 |
1.54 |
0.44 |
Всего |
49.5 |
13.18 |
36.69 |
8.94 |
Volume of the insurance market's premiums totaled 58.46 million manats (this figure amounted to 42.89 million manat in the first quarter of 2008) in this period. The insurance companies paid off 15.23 million manats (10.32 million manat). The Azerbaijani Finance Ministry did not indicate the activity of the only reinsurance company AzRe in the report.
On June 11, the official exchange rate is 0.8039 manat to $1.
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