BAKU/27.12.13/Turan : The Alfa Sigorta insurance company won the tender of the State Oil Fund of Azerbaijan (SOFAZ) for the provision of insurance services for voluntary health insurance for employees .
According to this financial structure , it is recognized by the Commission on the basis of the best considering all subjects insurance companies offers.
Management notes update company Alfa Sigorta, capitalization growth for the year to 40% of premiums collected - by 50% , as well as strengthening of human capacity and other measures aimed at institutional development, increase the interest customers to the company .
Alfa Sigorta got a license to operate in 1997. Sole shareholder is JSC Bank Technique.
The authorized capital is 7.78 million manat. The company provides more than 35 types of compulsory and voluntary insurance . - 17D-
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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