Bank Of Baku

Azerbaijan Industry Insurance’s posts insurance premiums at AZN 2.5 mln

Azerbaijan Industry Insurance’s posts insurance premiums at AZN 2.5 mln
# 12 July 2010 10:00 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Azerbaijan Industry Insurance Company collected more AZN 2.673 mln premiums in January-June, 2010.

The company says the insurance claims on risks made AZN 572.005 thousand during the same period.

The company collected AZN 2.465 mln on voluntary insurance types, AZN 208.272 thousand on compulsory insurance types. AZN 1.246 mln came from cargo insurance, AZN 479.855 thousand from Health insurance, AZN 349.783 thousand from Property Fire Insurance.

Owned by Azerbaijan Industry Bank Azerbaijan Industry Insurance has been in operation since 1996. The company operates 22 voluntary and 4 compulsory insurance types.
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