Bank Of Baku

Baku Insurance increases payments on cars by 12 times

Baku Insurance increases payments on cars by 12 times
# 24 August 2010 14:46 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Baku-Insurance Company collected AZN 532.295 thousand premiums during January-June, 2010.

Company says AZN 404.809 thousand insurance claim was paid during the same period, up by 12 times compared with a year ago.

Owned by Bank Respublika and other local juridical and individual persons Baku Insurance has been in operation since 2007. The company operates 20 voluntary and 4 compulsory insurance types.
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