Insurance fees of Bashak Inam Sigorta decreased by 22%

Insurance fees of Bashak Inam Sigorta decreased by 22% During the reporting period, insurance payments of company also decreased
Finance
August 23, 2016 12:05
Insurance fees of Bashak Inam Sigorta decreased by 22%

Baku. 23 August. REPORT.AZ/ During the first half of this year, insurance fees of Bashak Inam Sigorta totaled 459 798 AZN.

Report was told in the company, it is less by 37,57% than in the same period last year.

During the reporting period, insurance payments of Bashak Inam Sigorta also decreased and amounted to 109 084 AZN, which is less by 70,87% than in the same period last year.

In January-June, Bashak Inam Sigorta has paid 23,72% of premiums back to customers per collected 100 AZN. In January-June 2015, this ratio was 50,84%

Notably, Bashak Inam Sigorta was established in 1996. Its registered capital is 7 million AZN.

24,2% of shares owned by "Zaminbank" JSC which is in process of liquidation, 8,3% -"Turanbank" JSC, 5% -Azer-Turk Bank JSC, 16,3%- Groupama Insurance Corporation, 46,2% - Aqrarkredit CJSC and Chairman of the Supervisory Board of the Company Akif Karimov and other private shareholders.

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