Bank Of Baku

Azerbaijan Industry Insurance’s premiums hits AZN 3 mln

Azerbaijan Industry Insurance’s premiums hits AZN 3 mln
# 30 August 2010 13:06 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan Industry Insurance earned AZN 3.120 mln insurance premiums in January-July, 2010.

Company says the volume of payments on insurance risks made AZN 908.808 thousands.

Company collected AZN 2.829 mln from voluntary insurance types, AZN 291.534 mln from compulsory insurance types.

AZN 1.547 mln of premiums came from Cargo Insurance, AZN 504.450 mln from Health Insurance, AZN 354.647 mln from Property Fire Insurance.

AZN 901.183 thousands went to voluntary types, AZN 3.625 thousands to compulsory insurance types. Most payments went to Cargo Insurance and Personal accident and diseases insurance.

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