Azerbaijani Insurance Company Announces Results for 2007

Business Materials 19 April 2008 12:38 (UTC +04:00)

Azerbaijan, Baku, 19 April / Trend / The premiums of Azerbaijani insurance company Ata Sigorta totaled AZN 4.1mln and payments - AZN 723,000 as for 2007, the company reported.

The premiums on reinsurance operations made up AZN 318,000.

According to the company, the assets of the company comprised AZN 4.8mln and balance income - AZN 516,000.

The deposit accounts of the company in banks totaled AZN 1.5mln in 2007.

Ata Sigorta OJSC has been operating in the Azerbaijani insurance market since 2004. Company's capital comprised AZN 2mln.