JSC AtaInsurance announced financial results for the first 9 months of 2013
Open Joint Stock Company AtaInsurance announced financial results for the first 9 months of 2013.
As stated in the press release, the authorized capital of JSC AtaInsurance for the year increased by 2.6 million , reaching 7.6 million manat , with total assets of more than 20 million manat . The balance sheet profit of the company for three quarters amounted to 1.7 million manat .
As previously reported, on October 1, the size of insurance premiums amounted to 9 million 413.18 thousand manats with insurance claims of AZN 1,905,940 (+20.25 %).
Member of the group of companies AtaHolding, AtaInsurance has been operating in the insurance market since 2004.
The company provides customers with 22 types of insurance services in the field of voluntary insurance and 4 - in the field of compulsory insurance. It is a founder and member of the Bureau of Compulsory Insurance.
The service network of the insurance company AtaInsurance has 4 branches and 10 representative offices. - 17D-
Economics
-
Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
-
Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
-
Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
-
The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
Leave a review