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Joint Azerbaijani-Turkish insurer's premiums drop by third

Business Materials 25 July 2009 10:32 (UTC +04:00)

Azerbaijan, Baku, July 25 / Trend , U.Ismayilova/

The Azerbaijani-Turkish Insurance Company Gunay-Anadolu Sigorta gathered premiums worth $0.434 million with $0.140 million of payments in January-June, the company said.

The company's premiums decreased by 31.6 percent compared to last year and by 11.9 percent - May. Payments increased twice in this period.

In this period, the company's premiums on car insurance were $0.115 million with $0.70 million of payments, accident insurance - $0.39 million with $0.47 million of payments and obligatory insurance - $0.05 million.

The premiums from cargo insurance made up $0.04 million without payments, fire insurance - $0.51 million with $0.632 million of payments and medical insurance - $0.24 million with $0.17 million of payment.

Founders of Gunay Anadolu Sigorta operating since 1992 are Gunay joint-stock bank and the Turkish "Anadolu Anonim" insurance company. The company's authorized capital is 806,000 manat.

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