OREANDA-NEWS. January 14, 2011. Insurance company AXA MBASK has carried out large insurance payment of AZN 18,250 to the insurer of car Chevrolet Cruze.

The Company reports that since early 2010 it has paid to the clients more than AZN 3,535,017, of which more than AZN 2,366,381 (67%) fell on the share of payments on the insurance policies of motor vehicles.

In October 2010 insurance company MBASK replaced its key shareholder. Controlling stake (51%) was acquired by AXA Group (France), through its subsidiary AXA Sequros generales, SA, De Sequros Y Reasequros (Spain). The remaining stake of 49% belongs to Eldar Garibov.

AXA Group is a global leader in the area of financial protection. AXA Group operates in 57 countries around the world with the greatest concentration of activities in Europe, North America and Asia-Pacific region.