The insurance company Alfa Sigorta will bring the level of the share capital to 7.78 million manat (15.2%).
According to the State Securities Committee (SSC), increased confrontation with risks is an initiative of the controlling shareholder. The size of the additional issue will be 1,030,000 manats. The nominal value of each of the 1,030 shares is 1,000 manats.
The company Alfa Sigorta has worked in the local insurance market since 1997 and provides services for 25 types of insurance. In February 2008, it was given a perpetual license.
Until 2005, the insurance company operated under the name LTD Murad.
The sole founder and major shareholder of the company is Bank Technique.
The authorized capital of the company has totaled 6.75 million manat.
According to the Insurance Supervision Service, during the last three quarters of 2012 the company's premiums totaled 3,819,200 manat, and payments - 792,880 manat. - 17D-
Economics
-
SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
-
Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
Leave a review