Bank Of Baku

Gunay Sigorta gets 21% rise in premiums

Gunay Sigorta gets 21% rise in premiums
# 09 April 2012 11:06 (UTC +04:00)
Baku. Elnur Huseynguluyev - APA-Economics. Azerbaijan-based Gunay Sigorta’s premium in January-March, 2012 made AZN 154.674 thousand, up 21% from year earlier.

Company says number of contracts rose 4.6% to 291. Most of contracts were signed on Vehicle casco insurance, Property Fire Insurance and Health insurance.

AZN 45.656 thousand of premium came from Vehicle casco insurance (up 25.3% from previous year), AZN 44.884 thousand – from Health insurance (+15%), AZN 39.682 thousand – from Property Fire insurance (-41%).

Most of payments went to Vehicle casco insurance (AZN 35.752 thousand), Health insurance (AZN 11.172 thousand) and Property Fire Insurance (3.751 thousand).

Note that, the payments of the company for the first quarter made AZN 51.121 thousand, up 65% from previous year.

Gunay Sigorta has been in operation since 1992. the company operates 18 voluntary insurance types.
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