Bank Of Baku

Gala Life signs 900 contracts on new compulsory insurance type

Gala Life signs 900 contracts on new compulsory insurance type
# 21 February 2011 11:03 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Gala Life insurance company has collected near AZN 300 000 insurance premiums on compulsory insurance of disability resulting from occupational diseases and accidents at work, Deputy chairman of Azre reinsurance company’s Board of Director Vusal Abbasov told APA.

According to him, 50 000 employees have been insured so far: “Even, the employees of Ateshgah Life and Azersigorta State Insurance Commercial Company have also been insured by Gala Life Company”.

Remind that, Gala Sigorta has been in operation since 2008. The company operates 5 voluntary and 5 compulsory insurance types.
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