Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Azal Sigorta earned AZN 11.164 mln insurance premium, during January-October, 2010, down 12% compared with a year ago.
Company says the premiums came from Aircraft insurance (AZN 7.522 mln), Aircraft liability insurance (AZN 2.785 mln) and General liability insurance (AZN 301.449 thousand).
The company earned AZN 11.111 mln from voluntary insurance types, AZN 52.908 thousand from compulsory insurance types.
Insurance payment rose by 70 times to AZN 414.629 thousand. Most of payments went to Aircraft insurance (AZN 384.981 thousand) and Personal accident and sickness insurance (AZN 21.850 thousand).
Azal Sigorta has been in operation since 1995. The company operates 16 voluntary and 2 compulsory insurance types.
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