anar%20talibov
DESCRIPTION
http://teas.eu/files/BFB2015/presentations/Anar%20Talibov.pdfTRANSCRIPT
AZERBAIJAN INSURANCE MARKET OVERVIEWAnar Talibov, Chairman of the Board AZSIGORTA
312,84
TOTAL GROSS WRITTEN PREMIUM (GWP)
JAN - AUG 2015,
MLN. AZN
116,16
TOTAL CLAIMS
JAN - AUG 2015,
MLN. AZN
A Z E R B A I J A N I N S U R A N C E M A R K E T O V E R V I E W
82,0
230,9
LIFE / NON-LIFE
GWP JAN - AUG 2015,
MLN. AZN
Life non-life
32,8
83,4
LIFE / NON-LIFE
CLAIMS JAN - AUG 2015,
MLN. AZN
Life non-life
A Z E R B A I J A N I N S U R A N C E M A R K E T O V E R V I E W
194,1
118,8
VOLUNTARY / COMPULSORY
GWP JAN - AUG 2015,
MLN. AZN
Voluntary Compulsory
87,5
28,7
VOLUNTARY / COMPULSORY
CLAIMS JAN - AUG 2015,
MLN. AZN
Voluntary Compulsory
A Z E R B A I J A N I N S U R A N C E M A R K E T O V E R V I E W
Life Medical Property Motor Hull MTPL Other
32,8
33,24,7
16,3
21,3
7,8
CLAIMS STRUCTURE
JAN - AUG 2015,
MLN. AZN
82,0
50,2
20,720,5
52,7
86,9
GWP STRUCTURE
JAN - AUG 2015,
MLN. AZN
A Z E R B A I J A N I N S U R A N C E M A R K E T O V E R V I E W
40%
66%
23%
80%
41%
Life
Medical
Property
Motor Hull
MTPL
LOSS RATIO, JAN - AUG 2015
A Z E R B A I J A N I N S U R A N C E M A R K E T O V E R V I E W
15%
13%
10%
9%9%
7%
37%
GWP MARKET SHARE
PASHA PASHA Life ATESHGAH AZERSIGORTA
ATESHGAH Life AZSIGORTA Other 21 insurers
46,03
39,19
32,74
27,88
27,77
22,50
116,74
PASHA
PASHA Life
ATESHGAH
AZERSIGORTA
ATESHGAH Life
AZSIGORTA
Other 21 insurers
TOP 7 companies by GWP, mln. AZN
A Z E R B A I J A N I N S U R A N C E M A R K E T O V E R V I E W
AZSIGORTA E-SERVICES (AS IS & TO BE IN 2016)
FOR AGENTS FOR CUSTOMERS
AS IS
WEB-INTERFACE:o MTPL
o Compulsory property
o Express Motor hull
o Travel
No online services
TO B
E IN
20
16
May be more products:
o Motor hull
o GTPL
o Voluntary property
PERSONAL ACCOUNT ON WEB-SITE:o Buy insurance product
o Get notification about prolongation
o View purchase history
o View claims history
A Z E R B A I J A N I N S U R A N C E M A R K E T O V E R V I E W
AAA--
AA--
A--
BBB--
BB--B--
CCC--
CC--
C--
D
RUSSIA TURKEY AZERBAIJAN
12,9 bln.
EUR8,0 bln.
EUR
0,3 bln.
EUR
COMPARISON OF INSURANCE MARKETS IN 2014
A Z E R B A I J A N I N S U R A N C E M A R K E T O V E R V I E W
Anadolu Insurance (TURKEY)
Alfa Insurance (RUSSIA)
AZSIGORTA
| BBB –
| BB
| B+