TODAY.AZ / Business

AIG Caspian International Co. increases insurance fees collection

22 January 2007 [23:47] - TODAY.AZ
The AIG Caspian International Company has released its annual report.

The collection of insurance fees rose 46.1%, year-over-year, to AZN 5,161,755 insurance payment rose by four times to AZN 171,908. The insurance fees were most collected on accident insurance (AZN 2.345m) and least on transport-goods insurance (AZNB 35,000). The most payment was made on engineering insurance (AZN 33,000) the least on fire insurance (AZN 400).

The authorized fund of the AIG Caspian International Company has risen to AZN 3.5m.

Established in Azerbaijan in 1999 by Carvan Investment (51%) and AIG Inc (49%), the AIG Caspian International Company Ltd. has provided seven voluntary insurance services. APA

URL: http://www.today.az/news/business/35298.html

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