Bank Of Baku

Gunay Sigorta to decrease financial loss by 30% this year

Gunay Sigorta to decrease financial loss by 30% this year
# 22 September 2010 08:49 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Gunay Sigorta is expected to collect AZN 0.7 mln insurance premium during 2010, down 71% compared with a year ago, chief accountant of the company Halima Aliyeva told APA.

According to him company’s payments of insurance risks will be declined by 20% to AZN 0.6 mln.

The loss is forecasted to be declined by 28% to AZN 0.130 mln compared with a year ago.

Gunay Sigorta has been in operation since 1992. The company operates 2 compulsory and 18 voluntary insurance types.
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