Insurance company "AtaSigorta", according to preliminary data, last year collected premiums worth 10 million 640 thousand manats.
According to the press service of the financial structure, it is by 93.2% more than in the year 2011. In the share of premiums voluntary insurance was 60% (6 million 389 thousand manats) and compulsory 40% (4 million 251 thousand manats).
During the reported period, there were paid insurance claims in the amount of 2.596 million manat, which is 23.3% more than the same period last year.
AtaSigorta has been operating in the insurance market since 2004 and is active for 22 types of voluntary and 4 types of compulsory insurance.
AtaSigorta is the founder and member of the Bureau of Compulsory Insurance.
The paid capital of AtaSigorta, which is part of a group of companies AtaHolding, is 6.6 million manat.
The company has 4 branches and 4 representatives. - 17D-
Economics
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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.
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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.
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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.
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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.
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