Insurance group Ateshgah collects AZN 21.5 million of premiums for Q1

13:16 - 7.05.2018

May 7, Fineko/abc.az. Azerbaijani insurance group Ateshgah has summed up the results of its activity for the first quarter of this year.

The group reports that over Jan-Mar they gathered AZN 21.5 million of insurance premiums.

"Ateshgah Sigorta collected AZN 8.4 million that is by 16% more than for the 2017 same term. Company’s insurance payments increased by 22% up to AZN 4.5 million," the group said.

The Company mainly paid compensations on compulsory insurance of vehicle owner’s civil liability, payments on which reached AZN 2.7 million, that is by 4% more than for three months of previous year.

"Life insurance company Ateshgah Heyat, a member of the group, gathered AZN 13.1 million for Q1 with annual growth of 56%," it was reported.