TODAY.AZ / Business

International Insurance Co. intends to collect AZN 5.5m fees

24 November 2006 [10:37] - TODAY.AZ
International Insurance Company forecasts to collect insurance fees in the amount of AZN 5.5m, 15% up from the same period last year.

Company's head office told APA that it collected insurance fess of AZN 4.4m during January-September.

The Company is currently assessing development perspectives of the insurance market. The analyses will allow the Company to set a strategy for next year.

Founded in 2002 by International Bank of Azerbaijan, the IIC has two branches in Baku. The authorized capital of the Company is AZN 8.8m at present and it offers 27 kinds of insurance services.

URL: http://www.today.az/news/business/33024.html

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