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Azerbaijani A-Group insurance company announces data of its shareholders meeting

Finance Materials 24 February 2023 09:39 (UTC +04:00)
Azerbaijani A-Group insurance company announces data of its shareholders meeting
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, February 24. The extraordinary general meeting of shareholders of Azerbaijani A-Group insurance company will be held on March 3, 2023, Trend reports via the company.

The following issues will be discussed at the meeting: approval of financial reports based on the results of 2022, discussion of other annual reports, and other issues.

A-Group JSC has been operating in the insurance market since 1996. The authorized capital of the company is 12.3 million manat ($7.2 million). The company's insurance payments amounted to 12.8 million manat ($7.5 million) in 2022, and insurance fees - 24.6 million manat ($14.4 million).

In addition, according to the complaint index on CTP (Compulsory Third Party) insurance of the Central Bank of Azerbaijan, the complaint index of A-Group insurance company stood at 0.64, which indicates a rather high quality of service.

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