Ranking of Azerbaijani insurance companies in January-June

Azerbaijan, Baku, Aug.7 /Trend A.Akhundov/

The summary table of activities of 28 insurance companies in Azerbaijan in January-June 2012.


Premiums for January-June 2012 in AZN

Claims for January-June 2012 in AZN


"A-Qroup Sığorta Şirkəti"

6 110 824,64

2 476 561,34



9 745 393,91

2 527 765,23


"Alfa Sığorta"

3 366 312,60

507 503,72



6 276 528,08

1 289 186,30


"Atəşgah Həyat"

10 311 595,79

442 021,67



17 637 389,09

3 773 680,24



18 381 900,86

1 177 730,80


Azerbaijan Republic State Insurance Commerce Company

14 183 787,00

5 434 042,00


"Azərbaycan Sənaye Sığorta"

2 538 359,41

709 668,63


"Azərqarant Sığorta"

1 075 325,46

217 718,86


"Bakı Sığorta"

2 919 494,17

997 935,36


"Başak İnam Sığorta Şirkəti"

1 490 815,08

325 364,43


"Beynəlxalq Sığorta Şirkəti"

7 755 272,84

3 452 397,77


"Era Trans Sığorta"

633 846,97

314 464,49


"Günay Sığorta"

255 719,05

95 199,00


"Mega Sığorta"

1 468 450,87

167 103,85


"Paşa Həyat Sığorta"

8 745 360,75

126 943,93


"Paşa Sığorta"

26 847 045,98

11 219 202,07


"Qala Həyat"

4 055 562,27

31 563,83


"Qarant Sığorta"

5 073 225,58

726 453,29


"Rəvan Sığorta"

1 273 738,52

502 719,62


"Standard Insurance"

11 030 807,92

1 823 322,43


"Temz Sığorta Qrupu"

224 531,49

96 158,04


"Xalq Sığorta"

6 117 007,58

1 052 662,52


"Çartis Azərbaycan"

727 788,00

3 373,00



724 203,65

1 762 298,19


"Əmrah Sığorta"

451 567,72

191 153,27


"Royal Sığorta"

33 215,57



169 455 070,85

41 444 193,88

SK Pasa Sıgorta led the ranking on insurance premiums as in the previous month, which accounted for 15.84 percent of premiums collected by all companies in January-June.

AzSığorta (10.8 percent of all collections of the market) and Atəşgah Sığorta (10.4 percent) ranked the second and third respectively.

It is due to selection of Pasa Sıgorta 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 169.455 million manat in January-June (a 72.43 -percent increase during year) and claims hit 41.44 million manat (a 54.97 -percent increase).

Only reinsurance company AzRe statistical indices are not indicated in the summary.

Official exchange rate on August 7 is 0.7856 AZN/USD

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