Bank Of Baku

Chartis Azerbaijan’s premiums remain unchanged year-on-year

Chartis Azerbaijan’s premiums remain unchanged year-on-year
# 05 April 2012 13:10 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Chartis Azerbaijan has collected AZN 447.286 thousand insurance premiums during January-March, 2012, down 0.8% from year earlier.

Company’s Financial Department head Elmar Islam says 36.9% (AZN 164.900 thousands) of premiums came from Insurance of professional responsibility, 36% (AZN 161.616 thousand) – from Property Fire Insurance, 14% (AZN 61.615 thousand) – from Cargo insurance, 11% (AZN 50.105 thousand) – from Common civil responsibility insurance and 2.1% - from other types.

Company did not implement any payments in January-March, 2012.

Remind that, Chartis Azerbaijan has been in operation since 1999.
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