Bank Of Baku

Fidan Insurer increases insurance premiums collection 3.6 times

Fidan Insurer increases insurance premiums collection 3.6 times
# 19 April 2007 11:46 (UTC +04:00)
Azerbaijani Fidan Insurance Company increased insurance premiums collection to AZN 32,150 in 2006, up 3.6 times from a year earlier, the Company told APA-Economics.
The company paid AZN 449,000 in insurance policy in 2006, which was AZN1566 a year earlier.
The company earned most from fire insurances, individual accident insurance, vehicles “Casco” insurance, liability insurance, passengers’ cumpolsory insurance.
Fidan Insurance Company was established by one legal body and two individuals in 1994. As at April 1 the authorized capital of the company was AZN 740,000.
Fidan Insurer provides 15 voluntary and 4 compulsory insurance services. /APA-Economics/
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