Bank Of Baku

Azerbaijan Industry Insurance forecasts premiums to increase by 36%, this year

Azerbaijan Industry Insurance forecasts premiums to increase by 36%, this year
# 17 March 2011 12:09 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan Industry Insurance Company intends to increase the premiums by 36% to AZN 7 mln, this year, deputy chairman of Board of Directors Faig Huseynov told APA.

According to him, most of premiums are expected to come from cargo insurance, health insurance and Property fire insurance.

Remind that, AII has been in operation since 1996. The company operates 22 voluntary and 4 compulsory insurance types.
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