Azerbaijani AtaInsurance increases capital by 1.5 times
Azerbaijan, Baku, Oct. 22 / Trend /
AtaInsurance OJSC collected premiums worth 9.4 million manat for the first 9 months of 2013, the company said today.
Insurance payments carried out by AtaInsurance during the corresponding period of the year equaled to over 1.9 million manat.
The authorized capital has been increased by 2.6 million and reached to 7.6 million manat this year, while the total amount of the assets exceeded 20 million manat.
The balance profit of AtaInsurance was 1.7 million manat for nine months.
AtaInsurance, an AtaHolding Company, has been operating in the insurance market since 2004 and renders services on 22 types of voluntary and 4 types of compulsory insurance to its clients. AtaInsurance is a founder and member of Compulsory Insurance Bureau.
Service network of AtaInsurance OJCS consists of 4 branches and 10 representative offices.
The official exchange rate is 0,7844 AZN/USD on Oct. 22.