For the year Ipek Yolu Sigorta increased twice

BAKU/21.01.14/TURAN : The insurance company Ipek Yolu Sigorta in January and December last year collected 17,127,500 manats, which is twice ( 8.56 million ) is more than up to 2012 .

Voluntary items ( 16.35 million manat) were 95.5% of the piggy of the aviation insurers . Three-time progress has been made on the primary type - insurance of air transport and civil liability of its owners. Total Hull (mainly of aircraft) collected 10 million 580.33 thousand manats ( 61.8 % of total premiums) . Another 3.96 million manat collected under the responsibility of the owners of air assets . Together, these two predominant species yielded 84.9 % of total premiums.

Other types of voluntary insurance were insignificant, although it is possible to name car insurance Hull - 598.17 thsd AZN, property insurance against fire - 356.13 thsd AZN and voluntary medical insurance - 241.6 thousand manats.

On compulsory insurance Ipek Yolu Sigorta during the year collected 779.69 thousand manats. Basic income ( AZN 539.71 thsd ) fell on account of property insurance, and the new CTP was behind - 126.19 thsd).

Paid was 73.58 thsd AZN or 0.4 % of premiums. State Insurance Supervision Service somehow established standard by which the minimum difference between the premiums and benefit of the insurer, after deducting reinsurance funds , shall be 10 %. It would be nice to take statutory minimum payments .

The company was founded in 1995 under the name Azal Sigorta, and as Ipek Yolu Sigorta it has operated on the local market since the second half of 2011.

 It carries out 15 types of insurance, and thus specializes in air transport insurance.

The company's share capital is 12 million 092.5 thousand manats.

Shareholders are private local airline Silk Avia (66,68% of shares), Closed JSC AzAL (12.16%) and two daughters of the president of this organization Jahanghir Askerov , each of which owns 10.58 % of the shares . - 17D-


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