Member of the Bureau of Compulsory Insurance - the insurance company Azerbaycan Senaye Sigorta is not in the top ten financial institutions. However, its personal performance improved each time.
In January-September, it collected a total of 5 million 051.31 thousand manats (+AZN 206.8 thsd, compared to the same period last year). Voluntary insurance premiums reached AZN 4 million 278.67 thsd or 84.7% of the total fees.
Prize for the main types are distributed as follows: in the first place is the cargo insurance - AZN 1 mln 799.61 thsd, followed by: property insurance against fire and other risks - 990.9 thousand manats, voluntary health insurance (VHI) - 764.99 thousand manats, and Auto Casco insurance - 227.85 thousand manats.
Insurance of customers upon accidents collected 54.56 thsd manats. Substantial sum (AZN 247.43 thsd) for the first time was collected in the insurance of agricultural risks. Insurance for foreign travel collected 4.73 thsd AZN.
Employer's liability insurance brought AZN 48.82 thsd, liability insurance of vehicle owners - 72.69 thsd AZN, credit insurance - 30.06 thsd AZN, and general liability - 41.76 thsd manats.
Awards of Azerbaycan Senaye Sigorta for compulsory insurance totaled 772.65 thousand manats. Thus, property insurance against fire and other risks brought the company 133.33 thsd AZN, responsibility of vehicle owners (new CTP) - 638.21 thousand manats, and property owners' liability insurance - 1.1 thousand manats.
Payment of that financial institution were 1 million 208.4 thousand manats. The detailed table of premiums and claims is given below.
The company Azerbaycan Senaye Sigorta has been operating in the insurance market since 1996. Until 2007, it operated under the name CI Insurance.
In February last year, it transformed into a joint stock company and, at present, diversifying activities, provides 27 types of voluntary and 5 types of compulsory insurance.
The company's shareholders are two legal entities - Azprombank and LLC Anadolu Investment Company. - 17D-
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