Azerqarant Insurance Company achieves 9% rise in 1Q09 premiums

Azerqarant Insurance Company achieves 9% rise in 1Q09 premiums
# 09 April 2009 15:24 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Azerqarant Insurance Company earned AZN 144 476 in premiums during January-March, up 9.4% on a year ago.

Shukur Huseynov, Deputy Director of the Company, said payment for insurance claims skyrocketed by more than 19-fold, year-on-year, to AZN 38 680.

Azerqarant has been in operation since 1993. It provides services for 22 voluntary and 4 compulsory types of insurance.
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