Insurance fees of AzSigorta decreased by 36%

Insurance fees of AzSigorta decreased by 36% During the reporting period, insurance payments of company also decreased
Finance
August 24, 2016 13:12
Insurance fees of AzSigorta decreased by 36%

Baku. 24 August. REPORT.AZ/ During the first half of this year, insurance fees of ‘AzSigorta’ totaled 12 637 541 AZN.

Report was told in the company, it is less by 36,27% than in the same period last year.

During the reporting period, insurance payments of ‘AzSigorta’ also decreased and amounted to 3 991 574 AZN, which is less by 7,75% than in the same period last year.

In January-July, 31,59 AZN insurance payments accounted for every 100 AZN of insurance proceeds. In January-June 2015, this ratio was 21,82%.

Notably, AzSigorta established in 2006. Its registered capital is 20,3 mln AZN. This amount formed on the basis of 100 shares with par value of 203 000 AZN. The company owned by Hikmat Ismayilov Abuzar 31,11% shareholder of Bank of Baku JSC.

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