Bank Of Baku

Azersigorta to increase premiums next year

Azersigorta to increase premiums next year
# 29 December 2010 09:19 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Azersigorta forecasts to collect AZN 25 mln insurance premium in 2011, Deputy Chairman of Board of Directors Aftandil Hajiyev told APA.

According to him, of this, 75% will came from compulsory insurance types. Besides, AZN 1.5 mln is forecasted to come from Compulsory Motor Vehicle Liability Insurance.

Remind that, Azersigorta has been in operation since 1991. The company operates 10 compulsory and 20 voluntary insurance types.
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