Azerbaijan, Baku, Feb. 22 / Trend U. Ismayilova /
The Azerbaijani Ministry of Finance has announced results of top ten insurance companies' activity in January. About 88.37 percent of the total insurance charges and 68.98 percent of the total payments fall on their share. About 28 insurance companies and one reinsurance company operate in Azerbaijan.
|
Insurance company |
Premiums in millions manat for January 2010 |
Payments in millions manat for January 2010 |
Premiums in millions manat for January 2009 |
Payments in millions manat for January 2009 |
|
Azal Sigorta |
9,02 |
0,01 |
7,88 |
0,00 |
|
Azersigorta |
1,36 |
0,55 |
0,5 |
0,7 |
|
Standard Insurance |
1,16 |
0,03 |
1,07 |
0,15 |
|
Xalg Sigorta |
0,13 |
0,13 |
1,46 |
0,04 |
|
Atesgah Sigorta |
0,93 |
0,33 |
0,85 |
0,32 |
|
Beynelxalg Sigorta |
0,93 |
0,18 |
1 |
0,24 |
|
Az Sigorta |
0,63 |
0,06 |
1,58 |
0,3 |
|
Qarant Sigorta |
0,53 |
0,03 |
0,15 |
0,01 |
|
Pasa Sigorta |
0,52 |
0,15 |
0,33 |
0,22 |
|
A-Qroup |
0,51 |
0,51 |
1,13 |
0,03 |
|
Totally |
16,72 |
1,98 |
15,95 |
2,28 |
Azal Sigorta headed ranking on amount of insurance fees last year. Azersigorta implemented the largest amount of payments (as in January 2009).
Total premiums of all companies operating in the country is 18.92 million manat, and payments for the period - 2.84 million manat. Total premiums increased by 0.15 percent per year (about 18.89 million manat in January 2009), the payments - for 5,28 percent (3,03 million manat).
The report of the Azerbaijani Ministry of Finance for January has not indicated the results of the only reinsurance company Az RE.
On Feb. 22, the official exchange rate is 0.8033 manat to $1.