...

Ranking of Azerbaijani insurance companies in Jan.-Oct.

Business Materials 4 December 2009 20:45 (UTC +04:00)

Azerbaijan, Baku, December 4 / Trend , U.Ismayilova /

Summary table of activities of 28 insurance companies in Azerbaijan in January-October:

Company

Premiums in Jan.-Oct, in mln manat

Payments in Jan.-Oct, in mln manat

Authorized capital of insurance companies, in mln manat

Types of insurance

Obligatory. Non-obligatory.

A-Qroup Sığorta

5,83

3,76

1,55

3

14

AIG Kaspian İnsurance company

1,46

0,56

3,5

-

7

Alfa" Sığorta

0,81

0,22

1,7

5

19

"Atəşgah" Sığorta

10,58

3,50

2,7

3

18

"Atəşgah Həyat"

0,36

0,004

1

-

-

AtaSığorta

2,38

0,58

2

5

21

Azalsığorta

13,07

0,12

1

3

5

Az Invest Sigorta (Nisan)

0,07

0,00

3

8

20

Azərsığorta

20,62

10,66

1

4

22

Azərqarant Sığorta

0,47

0,07

1,7

3

23

AzSığorta

8,99

3,29

1

4

27

Azərbaycan Sənaye Sığorta

3,23

0,53

1

4

26

Bakı Sığorta

3,21

1,25

2,72

4

20

Başak-İnam Sığorta Şirkəti

2,02

0,91

2

4

28

Beynəlxalq Sığorta Şirkəti

10,91

3,64

4

4

18

BE&G

0,91

0,47

1

3

10

Qala

0,08

0,003

4

4

18

Qarant Sığorta

2,62

0,16

3

5

20

Era Trans Sığorta

1,15

0,49

3

4

22

Əmrah Sığorta

0,20

0,12

2,61

3

14

Fidan Sığorta

0,50

0,31

2

4

25

Günay Sığorta

1,38

0,16

1,02

1

22

Xalq Sığorta

23,63

1,03

14,7

3

12

MBASK" Sığorta

5,80

4,39

2

2

27

PAŞA Sığorta

8,96

1,56

9

2

10

Revan Sigorta (Star Alyans)

2,01

0,92

1,96

2

19

Standard İnsurance

6,53

3,23

8

4

24

"Temz Sığorta Qrupu"

0,63

0,15

0,9

2

22

Total

138,41

42,09

The requirement for the minimum authorized capital of Azerbaijani insurers as of 1 January 2009 totaled 1 million manat, but due to the current market situation, the Ministry of Finance has extended the deadlines for its implementation. And today only company Temz Sığorta Qrupu has not fulfilled the established plan. The company said that by the end of year, the company plans to increase its authorized capital to the required level.

The table does not indicate the activities of the only re-insurance company AzRe Tekrarsigorta.

Official rate on Dec. 4 is 0.8026 AZN/USD.

Do you have feedback? Contact our journalist at: [email protected].

Latest

Latest