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AtaInsurance sees 17% drop in balance of profit

AtaInsurance sees 17% drop in balance of profit

09 November 2009 14:14 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. As the insurance company â€œAtaInsuranceâ€ OJSC has informed the total volume of the premiums for the 10 months of 2009 has made 2,38 million manat, and insurance claims has made 0,58 million manat. During the report period the total income of the company has made 4,18 million manat, total expenditures 3,25 million manat, balance of profit -0,93 million manat, which is in comparison with the analogical period of previous year increased 40,3 %. â€œAtaInsuranceâ€ has been operating in the insurance market since 2004. The company was founded by â€œAtaHoldingâ€ OJSC has its authorized capital in amount of USD 2 (two) million manats.

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