Azerbaijani Insurance Company Publicizes Resume of its Activities in Jan-Jul

Business Materials 15 August 2008 15:32 (UTC +04:00)

Azerbaijan, Baku, 15 August / Trend corr. U.Ismayilova / Ata Sigorta, an Azerbaijani insurance company, collected AZN 2.29mln of premiums in January-July, the company said on 15 August.

During this period, the company's incomes rose by AZN 2.87mln, expenditures - AZN 2.77mln, balance sheet profit - AZN 792,400, which is 3.9 times more than in the same period of 2007.

Ata Sigorta, with its paid authorized capital amounting to AZN 2mln, has been operating at the Azerbaijani insurance market since 2004. Ata Holding and Ata Bank are the founders of the company.

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