A-Group increases premiums by 11%

A-Group increases premiums by 11%
# 25 September 2012 13:50 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based A-Group insurance company has collected AZN 6.822 mln insurance premium during January-August, 2012, up 11% from year earlier.

According to chairman of company’s Board of Directors Anar Bayramov, the payments on insurance accidents rose 7.9% to AZN 3.619 mln.


Most of premiums came from Health Insurance (AZN 5.353 mln), Vehicle Insurance (AZN 1.162 mln), Insurance of property against fire and other risks (AZN 152,518), Private accident and disease insurance (AZN 76,083), General civil Liability Insurance (AZN 53,977), Air transport insurance (AZN 17,296) and Cargo (transport) insurance (AZN 7,651).

Payments went to Health insurance (AZN 3.224 mln), Vehicle insurance (AZN 253,011), insurance of property against fire and other risks (AZN 103,285), Private accident and disease insurance (AZN 35,859), Compulsory Insurance of Civil Liability of Vehicle Owners (AZN 1,720) and General civil Liability Insurance (AZN 745).

Remind that, A-Group has been in operation since 1995. the company operates 14 voluntary insurance types.
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