Insurance premiums of Azerbaycan Senaye Sigorta for the first half of this year increased in comparison with the same period last year more than 3.2 million, amounting to 5.74 million manat. Of these funds, the share of voluntary insurance fell to 2.85 million manat.
Premium growth the company has achieved primarily through membership in the Bureau of compulsory insurance - if earlier the proportion of these species is about 3 to 5%, now more than half - 50.4%.
Voluntary - cargo insurance collected 1,336,920 manat premiums for property insurance against fire - 631,030 manat (two-fold amplification), insurance of agricultural risks in the amount of 251,330 manat.
Insurance against accidents and illnesses collected 5,040 manat (tenfold lag), CASCO insurance cars - 117,380 manat, and voluntary health insurance (VHI) - 442,110 manat (double gain). For other types the situation is like this: travel insurance - 11,160 manat, railway insurance - 10,130 manat.
On the liability of owners of vehicles collected 5,400 manat, employers' liability - 33,110 manat, general liability - 14,430 manat. Credit insurance has brought this financial structure of 3,470 manat for a ten-minus in comparison to last year.
Compulsory types yielded 2.89 million manat. Compulsory insurance of property filled up the cashier at 164,470 manat, the new CTP has collected the most money - 2,721,930 manats, compulsory insurance of liability of owners of property - 4,140 manat.
Also grew the payment for insurance claims - by 1 July of last year, they accounted for 709,670, and now - 1.09 million manat. Most paid was crop insurance - 395 080, according to the new CTP - 283 200 and the VHI - 258,270 manat.
The company Azerbaycan Senaye Sigorta was registered in the Ministry of Finance on 17 December 1996.
It operates in the insurance market of Azerbaijan since 1997, carrying out activities in 28 types of voluntary and 5 types of compulsory insurance.
March 12, 2007 it was renamed into Azerbaycan Senaye Sigorta. On June 27, 2012 it became a member of the Bureau of Compulsory Insurance.
The authorized capital is 8.16 million manat in anticipation of the next enlargement. - 17D-
Economics
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