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Azerbaijani Insurance Company Announces Operation Results from January to March

Business Materials 26 April 2008 13:15 (UTC +04:00)

Azerbaijan, Baku, 26 April / Trend corr. U.Ismayilova / The Azerbaijani leasing company AtaS?gorta collected premiums in the sum of AZN 849,600 from January to March 2008, the company reported on 26 April.

A total income was AZN 1.096mln, expenditures - AZN 836,700, balance sheet profit - AZN 259,900 which exceeds the indexes in the mentioned period in 2007.

AtaS?gorta has been operating in the insurance market of Azerbaijan since September 2004. The authorized capital paid by the shareholders AtaHoldinq and AtaBank comprised AZN 2mln.

The correspondent can be contacted at: [email protected]

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