Alfa Sigorta Still "Good" for Insurance Activities

After much delay restored the activity of the insurance company Alfa Sigorta.

According to the State Insurance Supervision Service of the Ministry of Finance, perpetual license granted to the company on April 3, 2013.

Recall that the action of the five-year license for the professional activities ended on February 8, and an application for an extension was filed allegedly Ministry after the deadlines.

According to observers, the pressure on Alfa Sigorta is artificial and continues for a long time, since the pressure on its founder - Bank Technique. Last year, it was deprived of the right to service a new kind of compulsory liability insurance of vehicle owners to third parties (CTP), as a result was not counted at least a million manat premiums. Then, as the cause of punishment the Ministry referred to the fact that customers are ostensibly prohibited by the law to offer discounts and incentives. Perhaps, the public service is not monitored in the companies, not the least revealed many cases of violations orders and in other settings, too.

Company by market capitalization and the presence of representatives of all economic regions is one of 12 members of the Bureau of compulsory insurance, with 28 companies in the country.

Insurance company Alfa Sigorta has been at the local insurance market since 1997 and provides services for 25 types of insurance.

In February 2008, it was given a perpetual license. Until 2005, the insurance company operated under the name LTD Murad. The sole founder and major shareholder of the company is Bank Technique. According to the financial report for the past year, its stock was 7.78 million manat. - 17D-