OREANDA-NEWS. April 11, 2012. Azerbaijani insurer AtaSigorta  has summed up the results for the 1st quarter of 2012. 

The Company reports that according to preliminary data in the 1st quarter of the year the insurer collected premiums for AZN 3.508 million that is by 2.2 times more versus the same term of 2011.

Over the reported term it was paid insurance compensations for AZN 528,000 that by 24.8% more against the 2011 same period.

AtaSigorta has been operating in the insurance market since 2004 and renders 22 types of voluntary and 4 types of compulsory insurance. 

AtaSigorta is a founder and member of the Compulsory Insurers Bureau. Currently the Company has two branches. The current paid share capital of AtaSigorta (part of group of companies AtaHolding) is AZN 5.6 million.