Bank Of Baku

Gunay Sigorta gets 13% decline in charges

Gunay Sigorta gets 13% decline in charges
# 11 October 2012 13:50 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Gunay Sigorta has collected AZN 345,741 during January-September, 2012, down 13% from year earlier.

Chief accountant Halima Aliyeva says company’s payments on insurance risks dropped 29% to AZN 116,269.

According to her, most of premiums came from Property Insurance against fire and other risks (AZN 150,968), Vehicle insurance (AZN 103,910) and Health Insurance (AZN 48,164).

Payments mainly went to Vehicle insurance (AZN 86,753), Health Insurance (AZN 23,425) and Property insurance against Fire and other risks (AZN 5,818).

Note: Gunay Bank has been in operation since 1992. The company operates 18 voluntary insurance types.






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