Bank Of Baku

Alfa Sigorta doubles premiums

Alfa Sigorta doubles premiums
# 20 October 2010 11:21 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Alfa Sigorta earned AZN 1.670 mln premium in January-September, 2010, up by 2.2 times compared with a year ago.

Company says payments on insurance risks decreased by 6% to AZN 168.308 mln.

The premium on voluntary insurance types made AZN 1.623 mln, on compulsory insurance types – AZN 47.338 thousand.

AZN 813.661 thousand of premium came from Vehicle insurance, AZN 609.443 thousand from private accident and illness insurance, AZN 42.807 thousand from Fire compulsory insurance.

Most payments went to Vehicle insurance (AZN 94.129 thousand), Animal insurance (AZN 37.596 thousand), Private accident and illness insurance (AZN 28.095 tousand).

Alfa Sigorta has been in operation since 1997.
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