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Azerbaijani Insurance AtaS?gorta Company Announced Volume of Premium Gathered from beginning of 2007

Business Materials 13 June 2007 12:57 (UTC +04:00)

Azerbaijan, Baku / Trend corr.U.Ismailova / The volume of premiums, gathered by the Insurance AtaS?gorta Company for the first four months of 2007, made up AZN 1.504.3mln, which is an increase of 49.3% in comparison to 2006.

The Company received the following payments during 2007:

-AZN 200,009 insurance of property

- AZN 614,002 insurance of automobile

- AZN 21,008 insurance of liability of employer

- AZN 12,004 insurance of cargo

-AZN 46,005 insurance of accidents

-AZN 21,009 insurance of voluntary medical care

-AZN 197,009 insurance of citizen liability before the third person

- AZN 63,005 insurance of Banks and Bank functions

- AZN 309,008 insurance of electronic equipment

During the first four months AtaS?gorta paid AZN142.003 in expenses, which is an increase of 20.2% in comparison to 2006.

Within the four months the voluntary insurance payments made up AZN137.001, as well as AZN 5,002. in compulsory payments

AtaS?gorta acquired a license on the insurance function in September, 2004. The announced authorized capital stock of AtaS?gorta , which is part of AtaHolding companies, amounted to AZN 2mln.

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