Bank Of Baku

Azerbaijan Industry Insurance targets 43% rise in insurance proceeds

Azerbaijan Industry Insurance targets 43% rise in insurance proceeds
# 03 November 2009 16:54 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan Industry Insurance targets to earn AZN 5 million in insurance proceeds this year, up 43% from a year ago, said Rashad Ahmadov, Director of the Company.

According to him, the company got AZN 3.499 million in insurance proceeds in 2008.

Owned by Azerbaijan Industry Bank, Azerbaijan Insurance Company has been in operation since 1996.
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