AtaSigorta gets 68% rise in Q1 premium

AtaSigorta gets 68% rise in Q1 premium
# 18 April 2011 08:30 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based AtaSigorta Company has collected AZN 1.474 mln insurance premium, during January-March, 2011, up 67.6% from year earlier.

Company says payments on insurance risks rose 2.8 times to AZN 0.254 mln.

Note that, company’s total income made AZN 2.292 mln, expenditure – AZN 2.122 mln. Profit stood at AZN 0.170 mln.

Remind that, AtaSigorta has been in operation since 2004. The company operates 23 voluntary and 5 compulsory insurance types.
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