Azerbaijan, Baku, Feb.24 /Trend A.Akhundov/
The summary table of activities of 29 insurance companies in Azerbaijan in January 2012
Companies |
Premiums for Jan.2012 in AZN |
Claims for Jan 2012 in AZN |
"A-Qroup Sığorta Şirkəti" |
867 514,19 |
326 365,08 |
"AXA MBASK" |
913 739,47 |
618 264,17 |
"Alfa Sığorta" |
325 880,66 |
170 408,80 |
"AtaSığorta" |
656 369,45 |
243 092,10 |
"Atəşgah Həyat" |
3 090 584,62 |
5 308,18 |
"Atəşgah" |
1 658 664,66 |
429 745,76 |
Azerbaijan Republic State Insurance Commerce Company |
891 338,00 |
436 242,00 |
"Azərbaycan Sənaye Sığorta" |
393 921,45 |
60 941,50 |
"Azərqarant Sığorta" |
16 087,20 |
9 713,52 |
"AzSığorta" |
1 929 418,83 |
183 327,40 |
"Bakı Sığorta" |
307 105,24 |
66 326,26 |
"Başak İnam Sığorta Şirkəti" |
112 451,88 |
32 531,03 |
"Beynəlxalq Sığorta Şirkəti" |
1 595 240,74 |
440 152,19 |
"Çartis Azərbaycan" |
116 267,28 |
0,00 |
"Era Trans Sığorta" |
21 593,42 |
29 801,75 |
"Əmrah Sığorta" |
69 926,96 |
20 718,35 |
"Fidan Sığorta" |
0,00 |
0,00 |
"Günay Sığorta" |
46 237,08 |
23 860,99 |
"Xalq Sığorta" |
1 347 949,92 |
121 737,15 |
"İpək Yolu Sığorta" |
47 355,10 |
864 594,74 |
"Qala Həyat" |
88 766,38 |
0,00 |
"Qarant Sığorta" |
508 344,18 |
63 965,46 |
"Mega Sığorta" |
39 769,98 |
8 420,30 |
"Paşa Həyat Sığorta" |
107 929,36 |
45 070,38 |
"Paşa Sığorta" |
20 788 225,64 |
64 861,65 |
"Rəvan Sığorta" |
181 520,25 |
79 406,40 |
"Royal Sığorta" |
0,00 |
0,00 |
"Standard Insurance" |
872 216,52 |
54 603,25 |
"Temz Sığorta Qrupu" |
7 924,07 |
0,00 |
Total |
37 002 342,53 |
4 399 458,41 |
SK Paşa Sığorta led the ranking on insurance premiums for the first time which accounted for 56.18 percent of premiums collected by all companies in January.
It is due to the choice of Paşa Sığorta as an insurer of State Oil Company of Azerbaijan (SOCAR) for voluntary health insurance.
The total amount of premiums of the all insurance companies hit 37.002 million manat in January 2012 (twice increase per year) and claims hit 4.399 million manat (almost 25 percent increase) during the reported period.
The license of Fidan Sıgorta insurance companies was suspended for six months in accordance with the legislation, so it has no right to conclude new contracts. It can only serve the existing contracts. In this regard, the company's portfolio has been reduced to zero in January.
Only reinsurance company AzRe statistical indices are not indicated in the summary.
Official exchange rate is 0.7863 AZN/USD.