AMF Insured Employees for 320,000 Manat
The staff of the Azerbaijan Mortgage Fund (AMF) has been insured under the voluntary medical insurance (VMI) for a total amount of 320 thousand manat. The majority of employees are insured individually for a year in the amount of 5 thousand manat each, and the three leaders – for AZN 10 thousand in the package of "classic".
The tender was won by the insurance company AzSigorta, says the AMF information. It won within quotation proposals drawn by AMF, so on May 12 the contract was concluded.
JSC AzSigorta with registered capital of 20.3 million manat received a license for insurance activity from CBA in November 2006. Its shareholder is an individual. By May 1, the company's premiums amounted to 11 million 301.19 thousand, with payments of 2 million 659.02 thousand manat. --17D-
Economics
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