Bank Of Baku

AzSigorta collects AZN 5.850 mln insurance premium

AzSigorta collects AZN 5.850 mln insurance premium
# 23 July 2010 15:40 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based AzSigorta earned AZN 5.850 mln insurance premium in January-June, Deputy Chairman of the company’s board of directors Fuad Sadigov told APA.

According to him insurance payments on insurance risks made AZN 533.450 thousand. Most of the insurance premium came from Cargo insurance (AZN 2.083 mln), MP compulsory insurance (AZN 1.567 mln), property insurance from fire and other risks (AZN 0.8 mln).

Insurance payments went to motor vehicles insurance (AZN 163.493 thousand), loan insurance (AZN 119.868 mln), property insurance from fire and other risks (AZN 106.555 mln).

AzSigorta has been in operation since 2006. The company operates 25 voluntary and 3 compulsory insurance types.
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