Azerbaijan, Baku, July 24 /Trend A.Akhundov/
Azerbaijani Insurance Company A-Group collected premiums on health insurance in the amount of 5.16 million manat during the first half of the year, which accounts for more than 84.45 percent of the company's fees, the company said on Tuesday.
In general, the charges of the company exceed the figure for the same period in 2011 by 8.93 percent and amounted to 6.11 million manat.
The company collected 5.22 million manat for types of personal insurance, 838.49 thousand manat - property insurance, 50.98 thousand manat - liability insurance.
The company has collected 119.52 thousand manat for the types of property insurance against fire and other risks, 694.76 manat - motor insurance.
During the reporting period the company paid indemnities amounting to 2.52 million manat, increase by 6 percent compared to the same period in 2011.
The company made the most payment for a voluntary health insurance - 2.34 million manat.
A-Group was established in 1995 and provides services for 14 types of voluntary insurance. A-Group is the only insurance company selected by the International Finance Corporation (IFC) in the second phase of the pilot program to improve corporate governance.
Official exchange rate on July 24 is 0.7856 AZN/USD