Corporate and mandatory insurance companies for the benefit of thieves
In January-July of Azerbaijani insurance companies collected 228.97 million manat. This is significantly more than the result of the first half of 2012, when it was accumulated premiums 201.51 million manat. Growth was through corporate and compulsory insurance.
Is the leader of the notorious "Pasha Sigorta", by August 1, has accumulated under contracts 30 854.810 manat, which is about 2.7 million more than last year and the result is 13.5% of total premiums collected by 28 participants in the market. It is worth noting that the proportion of the structure fell over the month by 1% - the competitors are tightened. A subsidiary of the leader, ahead of the two other members of the Life Insurance - "Pasha hayat Sigorta", collected 17.99 million manat, ranking fifth among all insurers.
Thanks to the presidential decree on the development of compulsory insurance of emergency workers and Border Protection's state-owned AzerSigorta firmly straddled bronze niche with a view to step up, and on account of its 23.79 million manat (5 million increase for the month).
On its peculiar position remained AzSigorta. Following six months, it collected 25.63 million manat with the intention to catch up to the leader.
At this rate of bureaucratic competition and by the relative backwardness in comparison with the previous year (20.34 million versus 20.48 million manat) forever "bronze" team Ateshgah dropped to 4th place. Now the former leader of life insurance Ateshgah Hayat Sigorta is behind a business partner with 16.26 million
At the bottom of the top ten teams is also a small rotation (see table). Remarkable rise is at AXA MBASK - a few lines up.
The leader in payments is the company Pasha Sigorta. During the reported period (January-July) is compensated by insurance claims 15.52 million manat. The payments accounts for 22.5% of the total index. As premium costs it expanded mainly through voluntary health insurance corporate clients (mostly state-owned oil company).
In general, companies from January to the end of July was paid 68.88 million manat, which is about 19.4 million manat more than in January-June of last year (49.47 million) - 17D-
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