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-
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