Bank Of Baku

Ateshgah Life increases insurance premiums by 10 times

Ateshgah Life increases insurance premiums by 10 times
# 18 May 2011 11:51 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Ateshgah Life insurance company has collected AZN 2.420 mln insurance premium during January-March, 2011, up 9.7 times from year ago.

Company says AZN 629.314 thousand came from Living insurance of life, 90.439 thousand came from Death insurance of life and AZN 1.7 mln from Compulsory insurance against losing ability to work as a result of industrial accidents and professional diseases.

Company says insurance payments on insurance accidents made AZN 8.741 thousand.

Note that, Ateshgah Sigorta has been in operation since 2009.
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