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Decline recorded on Xalq Sığorta premiums

05.08.2021,12:56


August 5, Fineko/abc.az. There is a decrease on premiums of insurance company Xalq Sığorta, ABC.AZ reports with reference to the Central Bank of Azerbaijan.

In June 2021 Xalq Sığorta's premiums amounted to AZN 13.4 million (2% less versus June 2020 – AZN 13.29 million).

Xalq Sığorta was established in 2004. Its authorized capital is AZN 58.75 million. 50% of its shares belong to Ideal Business Co. LLC and 50% Euro Standard LLC (33.85% of Xalq Bank’s shares and 37.5% of Bank Avrasiya’s shares).