Insurance group Ateshgah collected AZN 57 million for Jan-Sept - Report


November 28, Fineko/abc.az. Insurance group Ateshgah has unveiled its financial statements for Jan-Sept 2019.

According to the company reported to ABC.AZ, the total volume of Ateshgah’s premiums for the first 9 months of 2019 amounted to AZN 57 million.

The volume of insurance premiums of Ateshgah for Jan-Sept of this year amounted to AZN 28 million and the amount of compensation payments AZN 15 million.

The total insurance premiums on compulsory real estate insurance for the reported term grew by 125% up to AZN 4.2 million. The Company also collected AZN 3.2 million of premiums on voluntary insurance (CASCO), that is by 44% more against the 2018 same term. This year, Ateshgah’s medical insurance premiums increased by 27% up to AZN 5.3 million. Another company belonging to the Ateshgah insurance group, Ateshgah Hayat, collected about AZN 29 million for the first 9 months of 2019 and the compensation payments amounted to AZN 9.1 million.