Insurance fees of Revan Sigorta declined by 34%

Baku. 17 August. REPORT.AZ/ During the first half of this year, insurance fees of Revan Sigorta totaled 701 361 AZN.

Report was told in the company, it is less by 34,2% than in the same period last year.

During the reporting period, insurance payments of ‘Atasigorta’ amounted to 497 438 AZN, which is less by 31,3% than in the same period last year.

In January-June, 70,92 AZN insurance payments accounted for every 100 AZN of insurance proceeds. In January-June 2015, this ratio was 67,9%.

Revan Sigorta started to operate as Double Insurance Company in 1998. In 2004 the company changed its name to Star Alyans Sığorta and in 2007 made rebranding again.

Revan Sigorta's registered capital is 8 900 071,2 AZN. This amount formed on the basis of 218 139 shares with par value of  40,8 AZN. The company owned by "Nurgun Group" - 49,1% of shares, "Nurgun Motors" - 42,36% and "NBC -Bank" - 8,54%.