Anar%20talibov

AZERBAIJAN INSURANCE MARKET OVERVIEW Anar Talibov, Chairman of the Board AZSIGORTA

TOTAL GROSS WRITTEN PREMIUM (GWP) JAN - AUG 2015, MLN. AZN

TOTAL CLAIMS JAN - AUG 2015, MLN. AZN

116,16

312,84

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

OVERVIEW

LIFE / NON-LIFE GWP JAN - AUG 2015, MLN. AZN

LIFE / NON-LIFE CLAIMS JAN - AUG 2015, MLN. AZN

82,0

32,8

83,4 230,9

Life

non-life A Z E R B A I J A N

Life I N S U R A N C E

M A R K E T

non-life

OVERVIEW

VOLUNTARY / COMPULSORY GWP JAN - AUG 2015, MLN. AZN

VOLUNTARY / COMPULSORY CLAIMS JAN - AUG 2015, MLN. AZN

28,7 118,8

194,1

Voluntary

87,5

Compulsory

A Z E R B A I J A N

Voluntary I N S U R A N C E

M A R K E T

OVERVIEW

Compulsory

GWP STRUCTURE JAN - AUG 2015, MLN. AZN

CLAIMS STRUCTURE JAN - AUG 2015, MLN. AZN

7,8 82,0

86,9

32,8

21,3

16,3 4,7

33,2

50,2

52,7 20,5 20,7

Life

Medical A Z E R B A I J A N

Property I N S U R A N C E

Motor Hull M A R K E T

MTPL OVERVIEW

Other

LOSS RATIO, JAN - AUG 2015

Life

40%

Medical

Property

66%

23%

Motor Hull

80%

MTPL

41%

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

OVERVIEW

GWP MARKET SHARE

TOP 7 companies by GWP, mln. AZN

PASHA 15%

PASHA Life

37%

13%

ATESHGAH

10% 7%

9%

9%

ATESHGAH Life

PASHA Life AZSIGORTA

ATESHGAH Other 21 insurers

A Z E R B A I J A N

39,19 32,74

AZERSIGORTA

27,88

ATESHGAH Life

27,77

AZSIGORTA PASHA

46,03

22,50

AZERSIGORTA

Other 21 insurers

I N S U R A N C E

M A R K E T

OVERVIEW

116,74

AZSIGORTA E-SERVICES (AS IS & TO BE IN 2016)

AS IS

FOR CUSTOMERS

WEB-INTERFACE: o MTPL o Compulsory property o Express Motor hull o Travel

No online services

TO BE IN 2016

FOR AGENTS

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

OVERVIEW

COMPARISON OF INSURANCE MARKETS IN 2014 AAA AA A BBB BB B CCC CC C D

12,9 bln.

EUR Anadolu Insurance (TURKEY) | BBB – Alfa Insurance (RUSSIA)

| BB

AZSIGORTA

| B+

RUSSIA

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

8,0 bln.

EUR

0,3 bln.

EUR

TURKEY

AZERBAIJAN

OVERVIEW