Awards of AXA MBASK in Q1 decreased with rising payments
Insurance company AXA MBASK collected in the first quarter as a whole 3 million 133.29 million manat, which is 18.5% less than the last year's position.
Special mention should be compulsory civil liability insurance of vehicle owners (CTP), in which collected 1.18 million or more than a third of all premiums. The reason is not only to change the fees, but in the activity of agents, as well as increasing the number of specialized offices. The leadership of this company is not afraid to invest in development, knowing that mass will be repaid before the end of the year. In total for compulsory collected 1.24 million manat.
On voluntary collected 1.89 million manat. Most of all (it's a tradition) were premiums for Hull car insurance - 866.68 thousand manats. Premiums for the basic types of voluntary, except for the leading position, allocated as follows: after the hull located: property insurance against fire and other risks - 530.84 thsd manat, voluntary health insurance (VHI) - 158.41 thsd manat and insurance customers against accidents - 118.35 thousand manats. Unlike the other data collected enough premiums to cover goods - 100.94 thousand manats.
Most payments are also made in cases of motor problems - 921.94 thousand manats. The table has a record with payments on the old types of compulsory insurance, because the validity of treaties it has not yet expired. For compulsory compensated 472.95 thousand manats. The total payment of the company amounted to 1.84 million manat, which is 44.4% higher than last year.
Open Joint Stock Company AXA MBASK has been operating in the insurance market since 1992 and provides services on 25 voluntary and 4 compulsory insurance items.
Recall that in October 2010, the insurance company changed its main shareholder, and on 7 December of that year, her license was renewed.
The controlling stake (51%) is acquired by AXA Group (France) through its subsidiary AXA Sequros Generales, SA, De Sequros Y Reasequros (Spain).
The paid-up share capital of the company now stands at 6.74 million manat. It has a national network of 5 branches and representative offices. - 17D-
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