Bank Of Baku

AzAl Insurance posts 2% rise

AzAl Insurance posts 2% rise
# 27 July 2009 13:20 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based AzAL Insurance collected AZN 12.497 million in insurance premiums during January-June, up 2.1% from the same period last year.

Insurance claims plunged by 60-fold year-on-year to AZN 5 901.

Premiums most came from aircraft insurance (AZN 7.840 million), aircraft owner civil liability insurance (AZN 3.644 million), civil liability insurance (AZN 499 490) and property insurance (AZN 360 972).

AZN 5 901 went on insurance claim to property insurance.


Owned by Azerbaijan Airlines (AzAL), AzAL Insurance has been in operation since 1995.
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