Silk Way sees sharp rise in revenues

Silk Way sees sharp rise in revenues
# 14 October 2011 14:40 (UTC +04:00)
Most of the funds fell on share of “Air vehicle insurance” (AZN 13.341 mln), “Liability insurance of air vehicle owners” (AZN 5.655 mln) and “General liability insurance” (AZN 0.624 mln).

As to payments, during this period, the volume of payments on insurance events rose 7 times to AZN 2.872 mln. Most of the funds fell on share of “Air vehicle insurance” (AZN 2.842 mln or 98.8%) and “Motor vehicle insurance” (AZN 21.754 mln or 0.76%).

Note that, collections on voluntary insurance types made AZN 2.035 mln, compulsory insurance – AZN 196.848 mln.

Remind that, Silk Way insurance company was established in 1995 as AZAL Sigorta. As of October 1, authorized capital made AZN 8.855 mln.
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THE OPERATION IS BEING PERFORMED