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Azergarant gets 43% rise in premiums in 2008

Azergarant gets 43% rise in premiums in 2008

13 January 2009 15:13 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan-based Azergarant earned AZN 1.059 million in premiums during 2008, up 43.1% on a year ago.
The company said it paid AZN 139 150 for insurance claims, down 28.8% year-on-year.
Owned by several individuals, Azergarant has been in operation since 1993.
As of January 1, its authorized capital stood at AZN 1 million. It provides 22 voluntary and 4 compulsory types of insurance services.

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