Bank Of Baku

Gunay-Anadolu gets 3.2 times rise in premiums

Gunay-Anadolu gets 3.2 times rise in premiums
# 19 November 2008 13:47 (UTC +04:00)
Baku. Elnur Huseynguluyev - APA-Economics. Azerbaijan-based Gunay-Anadolu Insurance Company earned $3.079 million in premiums during January-October, up 3.2 times on a year ago.
The company said payments for insurance claims fell 71.1% to $137 100.
Premiums most came from fire insurance, installation insurance, motor insurance and life insurance.
Insurance claims were made most in motor insurance, life insurance and fire insurance.
The company issued 1 627 insurance policies during January-October, up 27.1% on a year ago.
As of November 1, its share capital stood at AZN 806 502.
The company provides 2 compulsory and 18 voluntary types of insurance services.
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