Bank Of Baku

Amrah Sigorta decreases insurance premiums and market share

Amrah Sigorta decreases insurance premiums and market share
# 29 June 2011 13:25 (UTC +04:00)
Baku. Elnur HUseynguluyev – APA-Economics. Azerbaijan-based Amrah Sigorta has collected AZN 0.242 mln insurance premiums during January-May, 2011, down 24.4% from year earlier.

According to State Insurance Supervisory Service the payments on insurance accidents dropped 25% to AZN 0.83 mln.

Besides, company’s share in total insurance premiums decreased by 0.2 percentage points to 0.28%. At the same time, the share on insurance payments dropped 0.21 percentage points to 0.37%.

Remind that, Amrah Sigorta has been in operation since 1993.


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