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Azerbaijani-Turkish insurance company's premiums exceeds by 2.4 million manat

Business Materials 20 January 2010 16:22 (UTC +04:00)

Azerbaijan, Baku, Jan. 20 / Trend U.Ismayilova /

Azerbaijani- Turkish Basak Inam insurance and reinsurance company's premiums hit 2,444 million manat with payments - 1,115 million manat, the company reported

As of 2008, the company has collected premiums worth 3.04 million manat with payments worth 1.76 million manat

The company's premiums on reinsurance services hit 29,625 manat with payments in 1,84 manat in this period

The company collected premiums on obligatory insurance worth 14,382 manat with 14,590 manat in payments

Of total insurance collection premiums on Casco hit 896,790 manat (reinsurance-23.662 manat), with payments 568,833 manat, insurance from fire-641,953 (reinsurance 1,055) with payments 154,989 manat  

Premiums on accidents and disaster insurance hit 374.132 manat (reinsurance 382.510manat) with payments 43,418 manat

Basak Inam was established in 1996. The company offers 31 types of insurance services. The company's foreign shareholder is Turkish Groupama Sigorta AŞ

The company's authorized capital is 2 million manat since May, 2009.

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