...

Azerbaijani insurance company’s balance sheet profit for third quarter exceeds forecasts by 0.6 percent

Business Materials 14 October 2010 17:19 (UTC +04:00)
In January-September 2010, total insurance charges of the Azerbaijani Insurance Company "AtaSıgorta" amounted to 2.88 million manat, the company’s official website reports.
Azerbaijani insurance company’s balance sheet profit for third quarter exceeds forecasts by 0.6 percent

Azerbaijan, Baku, Oct.14 / Trend A.Akhundov /

In January-September 2010, total insurance charges of the Azerbaijani Insurance Company "AtaSıgorta" amounted to 2.88 million manat, the company's official website reports.
During the reported period, insurance indemnity worth 467,000 manat was paid.  

For the first nine months of 2010, the company earned 4.153 million manat, while total expenditures amounted to 3.491 million manat, as a result of which the company received balance sheet profit worth 662,000 manat, which is 0.6 percent more than the expected figure for the current period of the year.

Insurnace Company "AtaSıgorta" operates in the Azerbaijani insurance market since September 2004. Paid share capital of "AtaSıgorta", which is included in the group of companies "AtaHolding", hits four million manat.

Official exchange rate is 0.8015 manat to $1 Oct.14.

Latest

Latest