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Azerqarant targets AZN 1 million insurance proceeds this year

Azerqarant targets AZN 1 million insurance proceeds this year

02 November 2009 16:07 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-ECONOMICS. Azerbaijan-based insurance company Azerqarant targets AZN 1 million in insurance premiums this year, said Shukur Huseynov, Deputy Chairman of the Company.

According to him, the company intends to conclude insurance agreements with several individuals and entities in November and December. .

â€œIf these agreements are concluded, our insurance proceeds will reach AZN 1 million,â€ he added.

The company earned AZN 1,059 million in insurance proceeds last year.

Owned by an individual, Azerqarant has been in operation since 1993.

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