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AXA MBASK sees 75% rise in premiums year-on-year

AXA MBASK sees 75% rise in premiums year-on-year

09 September 2011 07:51 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. AXA MBASK has earned AZN 7.587 mln insurance premium in January-July, 2011, up 75% in comparison to a year ago.

Except premiums on life insurance, companyâ€™s market share on other insurance types soared 2.67% to AZN 7.57%. The company told that AXA MBASKâ€™s market share together with premiums on life insurance made 6.51%.

Note that, during the reported period, the volume of funds paid by the company on insurance events rose 5.3% to AZN 1.726 mln.

Remind that, AXA MBASK has been in operation since 1992. Currently, it operates on 29 insurance types.

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