Bank Of Baku

Azergarant increases premiums by 41$ year-on-year

Azergarant increases premiums by 41$ year-on-year
# 06 September 2010 15:23 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Azergarant Insurance Company earned AZN 486.025 mln insurance premiums during January-July, 2010, up 41% compared with a year ago.

Company says payments on insurance risks decreased by 37.5% to AZN 41.561 mln.

Most of premiums came from Illness and personal accident insurance (AZN 221.560 mln), compulsory insurance of property of vehicles’ owners (AZN 141.285 mln), Car insurance (AZN 53.345 mln).

Payment went to Illness and personal accident insurance (AZN 18.080 mln), compulsory insurance of property of vehicles’ owners (AZN 11.791 mn).

Azergarant has been in operation since 1993.
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