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Azerbaijani insurance company sums up activity for 9 months

Business Materials 12 October 2009 16:34 (UTC +04:00)
The Azerbaijani insurance company “Ataİnsurance” OJSC reported the total volume of the premiums for the 9 months of 2009 made 2.18 million manat, and insurance claims has made 0.41 million manat, the company said on Oct. 12.

Azerbaijan, Baku, Oct. 12 / Trend , U.Ismayilova/

The Azerbaijani insurance company "Ataİnsurance" OJSC reported the  total volume of the premiums for  the 9 months  of  2009  made 2.18  million manat, and insurance claims has made 0.41  million  manat, the company said on Oct. 12.

During the  report period the total  income  of  the company has made  3.72 million manat, total expenditures - 2.86  million  manat,  balance of profit  - 0.86  million  manat,  which increased 44 percent compared to the same period of 2008.

"AtaInsurance" has been operating in the insurance market since 2004.

The company founded by "AtaHolding" OJSC has its authorized capital in amount of $2 million manats.

On Oct. 12, the official exchange rate is 0.8034 manat to $1.

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