Baku Sigorta sees 27% decline in premiums

Baku Sigorta sees 27% decline in premiums
# 29 March 2011 09:38 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Baku Sigorta has collected AZN 2.595 mln insurance premium, in 2010, down 27% compared to a year ago.

Company says the payments on insurance risks rose 6.4% to AZN 1.586 mln.

Most of the payments went to Vehicle insurance (AZN 1.089 mln), Voluntary health insurance (AZN 366.496 thousand), Property insurance (AZN 79.479 thousand) and other types (AZN 51.021 thousand).

Note that, the largest insurance payment went to vehicle insurance (AZN 40.806 thousand).

Remind that, Baku Sigorta has been in operation since August, 2007.
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THE OPERATION IS BEING PERFORMED