Azerbaijan, Baku, Jan. 27 / Trend , U.Ismayilova/
Premium of one of giant Azerbaijani insurance companies Az Sigorta made up 10.66 million manats with 2.32 million manats payment in 2008, Deputy Chairman of Az Sigorta Khayal Mammadkhanli said on Jan. 27.
Mammadkhanli said that they realized the greatest payments on fire at 1.23 million manats in 2008.
KASKO (voluntary insurance of vehicle from hijacking, theft or any damage) ranked second with 678,000 manats, then insurance of banking loans - 226,890 manats, OSAGO (obligatory insurance of motor vehicle liability - 84,670 manats, medical insurance - 34,560 manats, as well as insurance of animals - 20,000 manats and insurance of plant - 20,000 manats.
The company's greatest premiums fall on payments of cargo insurance with 3.4 million manats, fire - three million manats, KASKO insurance - 1.31 million manats, insurance of banking laons - 481,000 manats, OSAGO - 635,000 manats, liability insurance - 310,000 manats, medical insurance - 90,000 manats, insurance of tourists - 62,000 manats and insurance of accidents - 15,000 manats.
The company's income made up roughly three million manats in 2008. Some part of this amount (two million manats) will be directed to increase the authorized capital to four million manats after income tax payment, Mammadkhanli said.
Az Sigorta was formed in November 2006 and offers 28 kinds of insurance services, including three obligatory. The company entered top ten of the Azerbaijani insurance companies on amount of collections, which amounted to 5 million manats.
On Jan. 27, the official exchange rate is 0.8048manat to $1.
Do you have any feedback? Contact our journalist at [email protected]