Thames Insurance Group gets low financials this year

Thames Insurance Group gets low financials this year
# 24 December 2008 15:36 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Thames Insurance Group predicts to get AZN 1.5 million in insurance premiums for the full year of 2008, down 73.3% on last year.
The company’s deputy director Samir Mustafayev said the payment for insurance claims will total AZN 350 000 this year, down 42.8% on a year ago.
The insurer expects a 43% decline in profit to AZN 70 000.
Thames Insurance Group, a UK-Azeri joint venture, has been in operation since 1996.
The insurer provides 24 types of insurance services.
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