...

Azerbaijan insurance company expects increasing contributions by 70 percent in 2010

Society Materials 29 December 2010 18:25 (UTC +04:00)

Azerbaijan, Baku, Dec. 29 / Trend U. Ismayilova /

Azerbaijani Insurance Company Qarant Sigorta expects contributions at 7 million manat as of 2010, chairman of the company Vagif Hasanov said. The premiums for January-November amounted to 5 million manat.

"The premiums will be increased in December by 2 million manat owing to several large contracts," Hasanov said.

He said that the premiums are formed mainly due to contributions on property insurance, automobiles, goods, construction work.

The official exchange rate is 0.7983 manat to $1.

Latest

Latest