Today.Az » Business » BE&G Insurance's nominal capital to grow 41%
31 January 2007 [11:07] - Today.Az
Azerbaijan's BE&G Insurance Company intends to increase its authorized capital 40.8% to some AZN 1mln (US $1.148mln).
Company's Head Office told the APA that its capitalization grew 10% and authorized capital, to January 1, reached AZN 710,000. BE&G provides 23 voluntary and 4 compulsory insurance services. Established in 1998 under the name of Nakhchivan Insurance by two individuals, the Company was renamed Benefit & Guaranty Insurance in 2001.
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