The insurance company Buta Sigorta prepares for an annual general meeting of its shareholders.
According to the Board of Directors, reports and plans for the future will be delivered at the office on March 12.
In addition, the shareholders will consider amending the Articles of Association of the company.
Buta Sigorta (formerly called Thames Insurance Group) with a paid charter capital of AZN 6.085 million has been operating in the insurance market since 1996.
This structure is owned by six shareholders - Qafqaz Leasing, Baku Electronics, Bank of Baku, Baku Service Company, and Auto Azerbaijan, each of which has 19% of the shares, as well as their parent organization NAB Holding with a 5% interest in the equity.
The company provides services for the nominally 17 types of voluntary and three types of compulsory insurance.
In 2012, the premiums reached 2.82 million manats and the payments made up 316.49 thousand manats.
The authorized share capital of the company is 7.3 million manats. - 17D-
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