Assets of Revan Sigorta Decreased by 8%

In 2016, the assets of the insurance company Revan Sigorta decreased by 1,423,621 manats or 8% compared to 2015, amounting to 16,241,702 manats.

During the reporting period, the company's capital amounted to 13,558,886 manats (an increase of 3.2% or 424,085 manats).

The liabilities of Revan Sigorta for the specified period decreased by 1,847,706 manats or 40.7% and make up 2,682,816 manats.

In 2016, the insurance company had revenues of 3,711,263 manats, the expenses were 3,362,601 manats and the net profit was 279,364 manats.   -----71D

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