Bank Of Baku

Gunay Anadolu gets 61% decline in premiums

Gunay Anadolu gets 61% decline in premiums
# 09 April 2009 15:09 (UTC +04:00)
Baku. Elnur Huseynquluyev – APA-Economics. Gunay Anadolu Insurance Company earned $168 974 in premiums during January-March 2009, down 61% from the same period last year.
The Azeri-Turkish Joint Venture said payment for insurance claims dropped by 13%, year-on-year, to AZN 28 411.
The number of insurance policies fell by 60% to 252. the insurer secured only 60 policies during the first quarter.
Gunay Anadolu has been in operation since 1992.
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