Bank Of Baku

Amrah Sigorta sees 7% rise in insurance claims

Amrah Sigorta sees 7% rise in insurance claims
# 08 January 2010 16:26 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based insurance firm Amrah Sigorta earned AZN 260 865 in premiums in 2009, down 53.4% from a year ago.

The company said it paid AZN 128 370 for insurance claims during this period, up 7% from 2008.

Premiums came AZN 245 845 from voluntary insurance services and AZN 15 020 from compulsory insurance.

The company only paid insurance claims from vehicle insurance during the year (AZN 128 370).

Established in 1993, Amrah Sigorta is owned by two local individuals.
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