Azerbaijani insurance Company Announces Results of its Activity for 2007

Business Materials 21 April 2008 15:27 (UTC +04:00)

Azerbaijan, Baku, 21 April / Trend / The premiums of Azerbaijani insurance company - Gunay Anadolu Sigorta, for 2007, made up AZN 857,400 and payments - AZN 44,200, the company reported.

Company did not perform any re-insurance operations in 2007.

Company's assets totaled AZN 1.9mln with no balance income, but balance damages comprised AZN 152,000. Income of the company reached AZN 1.4mln and expenditures -AZN1.6mln as for 2007.

Gunay joint stock bank and Turkish Anadolu Anonim are founders of Gunay Anadolu Sigorta. The authorized capital of the company total AZN 806,000.