AzSighorta to open next provincial branch

AzSighorta to open next provincial branch
# 24 December 2008 10:28 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based AzSighorta Insurance Company will soon open a branch in Yevlakh, said Khayal Mammadkhanli, Deputy Chairman of the Company.
“Construction of an office building has been completed. I hope that we will open he branch in January. We also plan to open a branch in Gabala in summer next year,” he noted.
AzSighorta has been in operation since December, 2006.
The insurer earned AZN 7.20 million in premiums and paid AZN 1.35 for insurance claims in January-September of 2008. AzSighorta provides 25 voluntary and 3 compulsory types of insurance.
As of November 1, its authorized capital stood at AZN 2 million.
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THE OPERATION IS BEING PERFORMED