Bank Of Baku

New insurance company will start in Azerbaijan

New insurance company will start in Azerbaijan
# 07 August 2007 08:09 (UTC +04:00)
A source in the insurance business told APA-Economics that the paperwork is being prepared for the Finance and Justice Ministries.
According to unofficial information, the new insurer will be established by Bank Respublika.
The Finance Ministry and Bank Respublika denied the information.
There are 29 insurance companies in Azerbaijan. As of July 1, the total of insurance premiums amounted to AZN 70,680,000 and payment for insurance claims totaled to AZN 16,260,000.
For the authorized capital, Khalg Sighorta (AZN10.680 million), International Insurance Company (AZN 8.8 million) and Standard Insurance (AZN 4 million) come ahead. /APA-Economics/
1 2 3 4 5 İDMAN XƏBƏR
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THE OPERATION IS BEING PERFORMED