The authorized capital of the state commercial insurance company Azersigorta grew by 500 thousand manats (+10%).
According to Turan first deputy chairman of the financial structure Avtandil Hajiyev, this has become possible due to the recapitalization of the profit earned in 2012. This year, due to new types of compulsory insurance (MES, border guards, and so on) will next increase the profitability of the organization.
The Ministry of Taxes has confirmed that growth capital to 5.5 million manat.
The company Azersigorta was created in 1991. At the end of 2009-2011, was the leader in Azerbaijan in terms of premiums collected and made insurance payments. It is licensed to provide services to 28 voluntary and 10 compulsory insurance.
The company Azersigorta March 28, 2012 became a member of the Bureau of Compulsory Insurance.
The registered capital is 5.5 million manat. - 17D-
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