Gunay Sigorta sees loss in 2010

Gunay Sigorta sees loss in 2010
# 13 January 2011 15:15 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Gunay Sigorta has collected AZN 647.134 thousand insurance premiums in 2010, down 58% in comparison to a year ago.

Company says the payments on insurance risks slipped 8.3% to AZN 166.189 thousand.

Most of premiums came from Property Fire insurance (AZN 288.585 thousands), Vehicle insurance (AZN 178.816 thousand).

Payments went to Vehicle insurance (AZN 101.082 thousand) and Property Fire Insurance (AZN 43.758 thousand).

Note that, the company’s loss in 2010, made AZN 44.415 thousand while it got AZN 12.740 thousand profit in 2009.

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