...

Income of Azerbaijani insurance company hits 40 percent

Business Materials 9 November 2009 17:44 (UTC +04:00)

Azerbaijan, Baku, Nov. 9 / Trend , U.Ismayilova/

The insurance company "Ataİnsurance" OJSC has informed  the  total volume of the premiums for  the 10 months  of  2009 has made 2,38   million   manat, and insurance claims has made 0.58 million manat. 

In January-October, the total income of the company has made 4.18 million manat, total expenditures 3.25 million manat,  balance of profit -0.93 million   manat, which is in comparison with the analogical period of previous year increased 40.3  percent.

"AtaInsurance" has been operating in the insurance market since 2004.  The company was founded by "AtaHolding" OJSC has its authorized capital in amount of 2 (two) million manats.

On Nov. 9, the official exchange rate is 0.803 manat to $1.

Do you have any feedback? Contact our journalist at: [email protected]

Latest

Latest