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Azerbaijan Insurance Company Collects AZN 3mln Premiums in Jan-Oct

Business Materials 11 November 2008 14:13 (UTC +04:00)

Azerbaijan, Baku, 11 November / Trend , corr. U.Ismayilova /Ata Sigorta, the Azerbaijani insurance company collected AZN 3mln premiums in January-October 2008, a source from the company reported.

Company's payment totaled AZN 534,400. Within ten months company's incomes touched about AZN 4mln, expenditure - AZN 2.9mln, balance sheet profit - AZN 1.1mln, 2.9 times more compared to 2007.

Ata Sigorta has been operating in Azerbaijan since 2004. AtaHoldinq and AtaBank are the founders of the company. The paid authorized capital of the company is AZN 2mln

The correspondent can be contacted at: [email protected]

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