Gunay Sigorta gets 40% decline in premiums

Gunay Sigorta gets 40% decline in premiums
# 10 March 2011 07:50 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Gunay Sigoprta has collected AZN 104.517 thousand insurance premiums in January-February, 2011, down 39% from year earlier.

Company says payment on insurance risks slipped 40% to AZN 23.895 thousand.

Most of premium came from Property fire insurance (AZN 55.044 thousand), vehicle insurance (AZN 28.801 mln) and liability insurance (AZN 13.547 thousand).

Most of payment went to Vehicle insurance (AZN 19.025 thousand), Health insurance (AZN 2.480 thousand) and Compulsory motor vehicle liability insurance (AZN 1.760 thousand).

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