Bank Of Baku

Gala Sighorta intends to tripe premium collection

Gala Sighorta intends to tripe premium collection
# 16 October 2008 15:44 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan’s newly established Gala Sighorta intends to more than triple premium collection to AZN 70 000 in the fourth quarter, said Abbas Babayev, Director of the Company.
He added that the company has earned AZN 21 000 in premiums up to now.
“We offer 6 voluntary and 4 compulsory types of insurance services. We have set target to reach AZN 70 000 in premiums by the end of this year. Our company will expand its coverage and service mix to be among top insurers next year,” he added.
Gala Sighorta was granted a termless license on July 31 this year.
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