The assets of the insurance company Ata Insurance in the first half of 2016 increased from the beginning of the year by 0.5% (178,093 AZN), amounting to 31,859,799 manats.
During the reporting period the company's capital increased by 10% (1,669,829 AZN) and amounted to 17,171,210 AZN.
In the first half of the year the obligations of Ata Insurance amounted to 14,688,589 manats (reduced by 9.2% compared with the beginning of the year – 1,491,735 manats).
The net profit of the insurance company for the first half of 2016 amounted to 1,669,829.36 manats, with the revenue of 7,644,181.12 AZN and the costs of 5,974,351.76 manats. --75D
Economics
-
Azerbaijan’s State Committee for Urban Planning and Architecture has signed a partnership agreement with the International Finance Corporation (IFC) to develop a roadmap for green building initiatives, the committee announced on Monday.
-
Azerbaijani President Ilham Aliyev has signed a decree approving new regulations for categorizing land and changing land categories, the Presidential Administration said on Thursday.
-
Orhan Nazarli, Head of the State Tax Service under the Ministry of Economy of Azerbaijan, met with Margaret Cotton, Deputy Head of the Revenue Administration of the International Monetary Fund (IMF), during the International Carbon Pricing Forum held in Baku. The forum, co-organized by the State Tax Service and the Intra-European Organization of Tax Administrations (IOTA), took place from September 25 to 26.
-
The Board of Directors of SOCAR Turkey convened in Istanbul to review current projects and growth strategies, the company reported on Saturday. The meeting was chaired by Rovshan Najaf, President of SOCAR and Chairman of the Board of Directors of SOCAR Turkey, and attended by board members and members of the Executive Board.
Leave a review