Bakı. Elnur Hüseynquluyev – APA-Economics. Azerbaijan-based American International Group Caspian Insurance Company (AIG Caspian), a US-Azeri Joint Venture, earned AZN 769 642 during January-March, down 41.5% on the same period last year.
The bank said payment for insurance claims was AZN 35 670.
Premiums most came from Civil Liability Insurance and insurance claims most came from Property Insurance.
Owned by Caravan Investment (51%) and American International Group Inc. (49%), AIG Caspian Insurance has been in operation since 1999.
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