Bank Of Baku

Ateshgah Sigorta announces insurance fee forecast for this year

Ateshgah Sigorta announces insurance fee forecast for this year
# 04 January 2012 10:41 (UTC +04:00)
Baku. Elnur Huseynguliyev – APA-Economics. Azerbaijan’s insurance company Ateshgah Sigorta forecasts AZN 26-million insurance fee for 2012, 45% higher than last year’s fee, the company sources told APA-Economics.

A serious growth is expected in insurance market following the implementation of compulsory insurance law.

Ateshgah Sigorta was founded in 1997. Shareholders of the company are ISR Holding (63%), RanExim (27%) and SOCAR (10%).
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