Bank Of Baku

AtaSigorta increases revenues by more than 2 times during the past year

AtaSigorta increases revenues by more than 2 times during the past year
# 19 April 2012 11:21 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. The total volume of insurance premiums collected by AtaSigorta during January-March, 2012, amounted to AZN 3.508 mln, up 2.2 times compared to last year.

During the reporting period, payments on insurance events rose 24.8% in comparison to Q1 of 2011 and hit AZN 0.528 mln.

Note that, AtaSigorta has been in operation since September of 2004. It has 2 branches. As of April 1, 2012, company’s authorized capital made AZN 5.6 mln.
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