Azal Sighorta achieves 11.8% rise in premium collection

The insurer paid AZN 9,799,055 for insurance claims during this period.

Company Office in Baku told APA-Economics that the premiums came most from the accident insurance (AZN 12,917,766) and least from engineering insurance (AZN 433.44). The company paid most for the accident insurance (AZN 9,698.014) and least for transportation insurance (AZN 4,260).

Azal Sighorta was established by Azerbaijan Airlines (AzAL) in 1995. As of January 1, the company's authorized capital stood at AZN 8,000,000. Azal Sighorta provides 12 voluntary and 2 compulsory insurance services.