| Insurance |
AtaInsurance OJSC announced its financial results for the first 6 months of 2014
Baku, Finance Time. AtaInsurance OJSC announced its financial results for the first 6 months of 2014. According to the information, premiums collected within 6 months of the current year totaled to 4,72 million manat. During the corresponding period of the yearinsurance payments equaled to 1.59 million manat. The authorized capital is 10.0 million manat in the current year, while the total amount of the assets is about 25,0 million manat. During the 6 month of 2014 the balance profit of AtaInsurance was 1.04 million manat.
Ata Insurance company being Ata Holding Group of companies subsidiary has been operating in the insurance business since 2004. The company offers 22 voluntary and 4 mandatory types of insurance. Company is the founder and participant of the Compulsory Insurance Bureau. AtaInsurance OJSC has 6 branches and 6 representative offices.