Azerqarant Sigorta close to collecting 2 million manat of premiums

The insurance market "Azerqarant Sigorta" has come close to the two millionth mark in premiums. If in 2010, the company collected a total of 892.75 million manats, and in 2011, the amount of premiums on contracts entered into on the basis of the current year amounted to 1 million 282.37 thousand manats. Last year the premiums, an increase compared to the same period last year by almost a quarter (25.2%), were 1 714.14 million manat. 

Voluntary insurance collected 1 million 604.1 thousand manats, and for compulsory insurance there was 110.04 thousand manats. 

Turan was told in the company, in the structure of earnings premiums accident were 1 million 313.08 thousand manats, which is three-quarters (76.6%) of all kinds of awards and shows a preference for specialization of the company. A year ago, the leading position earned 35.7% of all premiums. 

Property insurance against fire and other risks raised AZN 127.32, car insurance on CASCO - 157.44 thousand manats. Insurance against the risks of foreign travel collected 1.94 thsd AZN, and voluntary health insurance (VHI) - 6.27 thsd AZN. 

Compulsory insurance (old CTP) collected 110.04 thousand manats. 

Insurance payments by "Azerqarant Sigorta" from January to December last year amounted to 467.52 thousand manats, an increase compared to the same period last year to 33.1%. 

The bulk of payments represented accident insurance - 314.84 thousand manats, Hull car insurance - 78.86 thsd AZN and property from fires in the amount of AZN 6.87 thsd. In addition, the company offset 726 thsd AZN on VHI and 8.13 thsd AZN - for compulsory civil liability insurance of vehicle owners, AZN 58.09 thsd was CTP (compulsory payments). 

By the way, the declining trend in premiums and payments, as observed in this company three years in a row, come to nothing, and there is no cause for concern for the growth of its key financial indicators. 

The company "Azerqarant Sigorta" was recorded in November 1997, in 2008, obtained a license for a period of 5 years. 

Its founder is one individual. 

The company provides 24 types of insurance activities, including 3 required and 21 voluntary. 

"Azerqarant Sigorta" has three branches - in Ganja, Guba and Zagatala. The authorized capital is 5.21 million manat. - 17D-