Azerbaijani insurance company gains over 100,000 manat for two months

AtaSigorta insurance company collected premiums amounting to 916,800 manat in January-February 2011, or 589.000 manat more than in the same period of 2010, a statement said.

The indemnities amounting to 146,700 manat were paid for the reporting period, or 101.000 manat more than last year.

Total revenues amounted to 1,596 million manat, the total cost - 1,491 million manat for two months. The net profit hit 0,105 milliion manat.

AtaSigorta launched insurance operations in September 2004. The paid authorized capital of the company, which belongs to the group of companies AtaHolding, hits 4.8 million manat.


/Trend/