Bank Of Baku

Ateshgah Sigorta to increase insurance premium by 45% next year

Ateshgah Sigorta to increase insurance premium by 45% next year
# 23 November 2011 14:47 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Ateshgah Sigorta forecasts the insurance premium to be AZN 26 mln next year, up 44.4% from 2011, aid the chairman of Board of Directors Talat Safarov.

According to him, after adoption of law on “compulsory insurances”, serious growth will be observed on Ateshgah Sigorta, even on insurance market.

Note that, Ateshgah Sigorta has been in operation since 1997.
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