AzSigorta completed 2023 with net profit of over 1.5 million manats

11:10 - 29.03.2024


March 29, Fineko/abc.az. AzSigorta OJSC finished 2023 with net profit of 1.58 million manats. However, in 2022, the company suffered loss of 2.1 million manats.

ABC.AZ informs that according to company's annual report, the total revenues of AzSigorta OJSC last year amounted to 20.342 million mantas and total expenses — 18.364 million manats.

In 2022, insurer’s total income totaled 14.526 million manats and overall expenses — 17.54 million manats. The total assets of the insurance company decreased by 13.4% to 29.941 million manats, the total capital grew by 10.2% up to 17.139 million manats.

If last year AzSigorta collected 7.946 million manats of premiums, then in 2022 — 10.591 million manats.