Azerbaijan, Baku, May 11 / Trend A. Akhundov /
The ranking of insurance and reinsurance companies in Azerbaijan in terms of their primary financial indices in 2011 has been published in the official press.
N |
Name of company |
Assets as of late 2011, thousand manat |
Assets as of late 2010, thousand manat |
Joint capital as of late 2011, thousand manat |
Joint capital as of late 2010, thousand manat |
Paid authorized capital as of late 2011, thousand manat |
Paid authorized capital as of late 2010, thousand manat |
Net profit in 2011, thousand manat |
1 |
A-Qroup |
10689,4 |
9379,9 |
6677,8 |
4862,1 |
2906,3 |
2650,5 |
1815,7 |
2 |
AXA MBASK |
22823,6 |
18347,9 |
8115,9 |
8997,8 |
6730,8 |
5730 |
47,8 |
3 |
Alfa Sıgorta |
8003,7 |
5572,9 |
6020,2 |
3919,5 |
4750 |
3100 |
3,4 |
4 |
AtaSıgorta |
9751,8 |
9267,3 |
5427,88 |
5022,2 |
5000 |
4800 |
-283,9 |
5 |
Atesgah Heyat |
14624,7 |
4085,9 |
4243,2 |
2489,7 |
4000 |
2300 |
111,1 |
6 |
Atesgah Sıgorta |
20163,1 |
20465 |
5156,7 |
7067,2 |
3699 |
3699 |
-1714,7 |
7 |
AzSıgorta |
34088,6 |
18935,2 |
20865,4 |
10660,5 |
19859,7 |
4643,7 |
536,5 |
8 |
AzerSıgorta |
18558,8 |
14729,9 |
5756,5 |
4528,2 |
4500 |
4000 |
728,3 |
9 |
Azerbaycan Senaye Sıgorta |
11717,2 |
10023,5 |
8190,9 |
6112 |
6000 |
4800 |
0 |
10 |
Azerqarant Sıgorta |
6229 |
4416,13 |
5625,4 |
4005,6 |
5210 |
3260 |
415,4 |
11 |
Bakı Sıgorta |
12382,3 |
11900,2 |
6389,7 |
5827,8 |
5519,5 |
4377,8 |
638,5 |
12 |
Basak İnam Sıgorta |
7750,2 |
5203,5 |
6330,8 |
3645,1 |
6000 |
3250 |
-58,6 |
13 |
Beynelxalq Sıgorta |
20321,9 |
20910,9 |
9463,2 |
8462,9 |
8800 |
8800 |
806,1 |
14 |
Era Trans Sıgorta |
- |
- |
- |
- |
- |
- |
- |
15 |
Gunay Sıgorta |
- |
- |
- |
- |
- |
- |
- |
16 |
Mega Sıgorta |
8522,9 |
3977,1 |
7040,8 |
3719,9 |
7000 |
3500 |
3,3 |
17 |
Pasa Heyat |
15096,6 |
6955,7 |
9428,7 |
6955,6 |
7000 |
7000 |
2454 |
18 |
Pasa Sıgorta |
44190,8 |
33438 |
34433,9 |
22806,9 |
30000 |
20000 |
0 |
19 |
Qala Heyat |
7137,4 |
3445,4 |
5026 |
3438,4 |
4350,5 |
3500 |
737,1 |
20 |
Qarant Sıgorta |
10880,1 |
10554,4 |
3084,2 |
3437,7 |
4000 |
4000 |
-353,5 |
21 |
Revan Sıgorta |
9582,6 |
7561,9 |
5709,4 |
4040,8 |
4000 |
3000 |
513,9 |
22 |
Standard Insurance |
19517,1 |
19845,4 |
12988,8 |
12462,6 |
11000 |
11000 |
683,9 |
23 |
Temz Sıgorta Qrupu |
- |
- |
- |
- |
- |
- |
- |
24 |
Xalq Sıgorta |
31357,27 |
28905,23 |
26403 |
24002,78 |
23352,4 |
21061,5 |
2400,3 |
25 |
Cartis AzErbaycan |
8794,4 |
5866,8 |
6495,7 |
3160,6 |
6786,5 |
3500 |
48,6 |
26 |
İpek Yolu Sıgorta |
31355,52 |
19462,26 |
13151,35 |
9945,84 |
10780 |
8137,5 |
1070,6 |
27 |
Emrah Sıgorta |
5577,4 |
4512,9 |
4739,4 |
3623,8 |
4500,7 |
3500,7 |
0 |
28 |
Royal Sıgorta |
- |
- |
- |
- |
- |
- |
- |
* |
AzRe Tekrarsıgorta |
48984,7 |
33098,1 |
41382,1 |
25820,8 |
40000 |
25800 |
28,3 |
Pasa Sıgorta, which is the most capitalized one in the country, became the leader among the Azerbaijani insurance companies in 2011 in terms of assets worth 44.19 million manat.
Three leaders of the market include AzSığorta company (34 million manat) and Xalq Sıgorta (31.36 million manat).
The reinsurance company has the largest amount of assets (48.98 million manat) in the insurance sector in the country.
Royal Sıgorta company has started operating only in late 2011, so there are no financial indices of this company.
The official exchange rate is 0.7859 AZN/USD on May 11.