A-Group Insurer achieves 25% rise in premiums

The Board Chair Anar Bayramov told APA-Economics that the group paid AZN 22,734.44 in insurance policy, 18.9% higher from a year earlier. The company earned most from medical insurance (AZN 4,486,835.14) and least from cargo insurance (AZN 989.66).

As at January 1, the group's authorized capital rose 40% to AZN 1.01mln.

The insurer intends to be an authorized company of the Azerbaijan Mortgage Fund to provide mortgage insurance services by this year's end. Established in 1995, A-Group provides 13 voluntary and 3 compulsory insurance services.