Azerbaijan State Commercial Insurance Company Publicizes Activity Results for January to September

Business Materials 18 October 2007 19:03 (UTC +04:00)

Azerbaijan, Baku / Trend corr U. Ismayilova / Premiums of the Azersigorta, Azerbaijan's state commercial insurance company, in January to September made up AZN 13.9mln (AZN 11.6mln - mandatory insurance, AZN 2.2mln - voluntary insurance), the Deputy President of the company, Aftandil Hajiyev, said on 18 October.

Insurance payments of the company in that period comprised AZN 6.3mln (AZN 4.4mln - mandatory insurance and AZN 1.9mln - voluntary insurance).

In the first half of 2007, the premiums of the company made up AZN 9.723mln and payments were AZN 3.635mln.

Azersigorta with its authorized capital comprising AZN 2mln offers twenty-eight different types of insurance.