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Azerbaijan discloses data on premiums collected in insurance market

Finance Materials 3 October 2020 17:22 (UTC +04:00)
Azerbaijan discloses data on premiums collected in insurance market

BAKU, Azerbaijan, Oct. 3

By Zeyni Jafarov - Trend:

Azerbaijan has disclosed the data on premiums collected in the insurance market from January through August 2020, Trend reports referring to the published report of the Central Bank of Azerbaijan.

In accordance with the report, Azerbaijani insurance companies collected insurance premiums worth 528.6 million manat ($310.9 million) from January through August 2020.

The amount of the collected premiums from January through August 2020 is by 58.9 million manat ($34.6 million), or approximately 12.5 percent, more than in the same period of 2019.

The review of the premiums among domestic insurance companies is as follows:

#

Insurance company

Insurance premiums

1

"Pasha Hayat Sigorta"

175.688 million manat ($103.3 million)

2

"Pasha Sigorta"

122.677 million manat ($72.1 million)

3

Azerbaijani State Insurance Commercial Company

42.564 million manat ($25.03 million)

4

"Atəşgah Həyat"

27.461 million manat ($16.1 million)

5

Meqa Sığorta"

22.194 million manat ($13.05 million)

6

"Qala Sığorta"

21.914 million manat ($12.8 million)

7

"Xalq Sığorta"

19.256 million manat ($11.3 million)

8

"Atəşgah"

16.877 million manat ($9.9 million)

9

"İpək Yolu Sığorta"

16.424 million manat ($9.6 million)

10

"AZSIĞORTA"

11.953 million manat ($7 million)

11

"Qala Həyat"

10.649 million manat ($6.2 million)

12

"AtaSığorta"

9.427 million manat ($5.5 million)

13

"A-Qroup"

7.135 million manat ($4.1 million)

14

"Azərbaycan Sənaye Sığorta"

6.677 million manat ($3.9 million)

15

"Günay Sığorta"

5.79 million manat ($3.4 million)

16

"Xalq Həyat"

1.889 million manat ($1.1 million)

17

"Amrah Sığorta"

1.66 million manat ($976,470)

18

"Rəvan Sığorta"

1.078 million manat ($934,117)

19

"Bakı Sığorta"

1.072 million manat ($630,588)

20

"Naxçıvansığorta"

1.03 million manat ($605,882)

21

"AXA MBASK"

0.005 million manat ($2,941)

Total:

528.653 million manat ($310.9 million)

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