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AXA MBASK diversifies its portfolio of premium
Insurance company AXA MBASK enhanced by the entry into office of compulsory insurance. As a consequence, one of the strongest positions was the new CTP.
With regard to voluntary items, in the first quarter of this year under hull insurance of vehicles collected 866.68 thsd manat. It is at least a good result, but much worse than last year (1 454.4 thsd manats).
In general, voluntary insurance premiums reached 1.89 million manat, or 60.5% of the total fees - 3.13 million manat. Premiums for the basic types, excluding the leading position, allocated as follows: Insurance of customers upon accidents brought 118.35 thsd AZN, property insurance against fire and other risks - 530.84 thousand manats (two-fold amplification). In 2011 began the travel insurance, and the result is encouraging - 24.39 thsd manat.
On voluntary health insurance (VHI) they collected 158.41 thsd manat, general liability insurance - 84.94 thsd manat, insurance of civil liability of vehicle owners - 26.02 thsd manat, cargo insurance - 100.94 thousand manat, employer's liability insurance collected 8.26 thsd manat.
But, as noted above, there is something to boast of in terms of premiums for compulsory insurance, totaled 1.24 million manat, of which the bulk - 1.18 million manat fell to new mandatory liability insurance of vehicle owners.
The total payment of the company amounted to 1 million 843.16 thousand manats, which is almost one and a half times higher than last year. Hull insurance for cars paid 921.94 thsd manats, voluntary health insurance (VHI) paid 322.71 thsd manats, insurance of CTP - 472.47 thousand manats.
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, its license was renewed.
The controlling stake (51%) was acquired by AXA Group (France) through its subsidiary AXA Sequros Generales, SA, De Sequros Y Reasequros (Spain).
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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- Economics
- 6 May 2013 13:15
Economics
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