AtaSığorta sees 40% rise in premiums

AtaSığorta sees 40% rise in premiums
# 10 October 2011 10:33 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. In January-September, 2011, Azerbaijan’s AtaSigorta insurance company collected AZN 4.023 mln insurance premiums, up 39.45 from a year earlier.

The amount of payments on insurance events during the reporting period rose 3 times in annual comparison and reached AZN 1.424 mln.

Note that, AtaSigorta has been in operation since 2004. It renders services on 22 voluntary and 5 compulsory insurance types. As of October 1, 2011, the company’s authorized capital made AZN 5 mln.
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