Baku, Azerbaijan, July 31
AtaInsurance OJSC announced its financial results for the first 6 months of 2014.
The premiums collected within 6 months of the current year totaled to 4.72 million AZN, according to the bank's information.
During the corresponding period of the year insurance payments equaled to 1.59 million AZN.
The authorized capital is 10 million AZN in the current year, while the total amount of the assets is about 25 million AZN. The balance profit of AtaInsurance was 1.04 million AZN during the 6 month of 2014.
Ata Insurance company being Ata Holding Group of companies subsidiary has been operating in the insurance business since 2004. The company offers 22 voluntary and 4 mandatory types of insurance. Company is the founder and participant of the Compulsory Insurance Bureau. AtaInsurance OJSC has 6 branches and 6 representative offices.
The official exchange rate on July 31 is 0.7842 AZN / USD.