Insurance company "Era Trans" in the first quarter of this year, collected a total of 333.99 thsd manat, which is 88 thsd manat less than the same period last year.
The company's portfolio has been a change of priorities - if the traditionally most awards going on Road CASCO insurance, now in first place came out voluntary health insurance - 258.37 thousand manats. Also, if in the old days the company about 50 thousand manats per quarter collected on compulsory now lost them completely.
Premiums for the basic types, excluding the leading position, allocated as follows: on auto insurance collected 52.47 thsd manat for property insurance against fire and other risks - 7.35 thsd AZN, insurance of customers from accidents - 15.43 thsd manats.
We note one important feature of the company - of all time it specialized in accidents and voluntary health and automobile insurance in its "menu" was quite a bit.
Liability insurance of vehicle owners collected 360 manat, insurance for foreign travel and even less - 260 manats.
Award "Era-Trans" for compulsory insurance are equal to zero due to non-participation in the respective offices.
The total payment of the company amounted to 55.22 thsd manat, which is also half the level of last year. Most of all payments made by car CASCO insurance - 38.05 thsd manat.
Voluntary medical insurance paid 8.17 thsd manat and accidents - 9 thousand manats, liability insurance of vehicle owners - one thousand manats. In cases of insurance for overseas travel paid 3.65 thsd manat.
Insurance company "Era Trans" began operations in April 1994.
Due to the changes in the statute and the re-registration of the company in the form of an open joint stock company in 2006, it was issued a new license for a period of 5 years and in 2011 it received a permanent license.
The company has a branch in the city of Sumgait.
The registered capital is 5.7 million manat. - 17D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review