Azergarant gets 36% growth in premium

Azergarant gets 36% growth in premium
# 12 April 2011 15:13 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Azergarant’s insurance premium made AZN 249.143 thousand in January-March, 2011, up 36% from year earlier.

Company says the payments on insurance risks rose 5.6 times to AZN 57.827 thousand.

Most of premiums came from Personal Accident and Diseases insurance (AZN 89.737 thousand), Compulsory motor vehicle liability insurance (AZN 85.216 thousand) and Vehicle insurance (AZN 38.414 thousand).

Most of payments went to Personal Accident and Diseases insurance (AZN 41.508 thousand) and Compulsory motor vehicle liability insurance (AZN 12.730 thousand).

Remind that, Azergarant has been in operation since 1993. The company operates 23 voluntary and 4 compulsory insurance types.
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