Insurance company AtaSigorta from January to July collected 4.72 million manat of premiums.
As the company says, it is possible to obtain a pre-tax profit of 1.04 million in direct insurance payments amounting to just over 1.59 million manat.
According to the company, the assets of AtaSigorta by July 1 were about 25 million manat. JSC AtaSigorta received a license for insurance activity in September 2004.
The sole shareholder of the company is investment AtaHolding.
Its authorized capital is 10 million manat. -17D–
Economics
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
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