Insurance fees of Atasigorta up by 8%

Insurance fees of Atasigorta up by 8% During the reporting period the company's payments decreased
Finance
August 18, 2016 12:49
Insurance fees of Atasigorta up by 8%

Baku. 18 August. REPORT.AZ/ In January-July 2016, insurance fees of Atasigorta totaled 6 593 765 AZN, Report informs, the insurance company said.

According to the information, this is more by 7,6% in comparison with the same period of last year.

During the reporting period payments of the insurance company decreased. Thus, during 7 months

Standard Insurance made insurance payments in the amount of 1 854 312 AZN. This is less by 20,71% compared to the same period of 2015.

In January-July 2016 Atasigorta has paid 28,12 AZN of premiums back to customers per collected 100 AZN. In January-July 2015, the ratio was 38,16%.

Notably, Atasigorta was established in 2004. Its registered capital is 10 million AZN. This amount formed on the basis of 400 000 shares with par value of 25 AZN. The company 100% owned by "AB Standard" CJSC. The company owned by AtaHolding.

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