Own record of AXA Mbask

The insurance company AXAMbask broke its own record collection of premiums in the first 9 months. It had 14,351,790 manat, which is 17.6% more compared to the same period last year.

Turan was told in the company by October 1 of this year, the award for voluntary insurance totaled 7,177,040 manat. The greatest amount of revenue was recorded under the car hull insurance - 3,251,260 manat, voluntary medical insurance - 1,668,410 manat, property insurance against fire - 1,122,020 manat, insurance of accidents - 282,440 manat, and insurance of cargo - 313,820 manat.

Compulsory insurance premiums in the reporting period amounted to 7,174,740 manat, where about 70% was car insurance in the format of civil liability to third parties. The rest of the amount of premiums fell on other types of compulsory insurance.

In the first 9 months compensation under insurance claims by AXA Mbask was 7,478,980 manat (+ 23.5% against October 1, 2013).

Voluntary insurance payments amounted to 4,609,490 manat, mandatory - 2,869,500 manat.

Insurance company AXA Mbask was established in 1992, and it is among the top ten insurance companies in Azerbaijan in terms of premiums collected and payments made​​. The authorized capital is 8,732,520 manat. The shareholders are AXASegurosGenerales, SA, DeSegurosYReaseguros (90,1369%) and a natural person (9.8631%). --17D-