Azerbaijani Insurance Company Premiums Reaches AZN5mln
Azerbaijan, Baku, 16 April / Trend / As for 2007, the premiums of the biggest Azerbaijani insurance company AzSigorta totaled AZN5.2mln and payments AZN 268,000, the company reported on 16 April.
Company's premiums on re-insurance operations made up AZN 181,300 in 2007.
According to the company, the assets totaled AZN 4.201mln and balance income - AZN 1.5mln.
In 2007, the company paid off profit taxes on sum of AZN 332,800 and income tax -AZN 90,000.
Az Sigorta, has been operating since November 2006, renders 28 types of insurance, with three obligation one. The company's premiums made up AZN5mln.
The authorized capital of the company comprised AZN 1mln.