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AtaSigorta earns AZN 2.18 million in insurance proceeds

AtaSigorta earns AZN 2.18 million in insurance proceeds

13 October 2009 14:45 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan-based AtaSigorta Insurance Company earned AZN 2.179 million in insurance premiums during January-September.

The company said payment for insurance claims reached AZN 406 000.

Revenue made AZN 3.719 million and expenditure AZN 2.862 million, leaving a profit of AZN 857 000. The profit represents a 44% rise on the forecast.

AtaSigorta, part of AtaHolding Group, has been in operation since 2004.

It provides 31 voluntary and 4 compulsory types of insurance services.

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