Azersigorta gets 24% rise in charges year-on-year

Azersigorta gets 24% rise in charges year-on-year
# 18 September 2012 08:34 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Azersigorta has collected AZN 21.777 mln insurance premiums during January-August, 2012, up 24% from year earlier.

Company’s chief accountant Asif Ismayilov says the insurance payments during the same period, rose 7.8% to AZN 3.786 mln.

Most of premiums came from Compulsory Civil Liability Insurance of Owners of Motor Vehicles (AZN 4.178 mln), Personal Accident Insurance (AZN 1.049 mln) and Insurance of property against fire and other risks (AZN 0.455 mln).

Payments went to PA Insurance (AZN 249,700), Insurance of property against fire and other risks (AZN 66,000) and Liability Insurance (AZN 338,500).

Remind that, Azersigorta State Insurance Company has been in operation since 1991.
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