OREANDA-NEWS. August 27, 2010. Insurance company Az Insurance announced about phenomenal results of activity for all history of its existence.

The  company informed, in accordance with  official results of the statistical data of the State  Service of Insurance Supervision at the Ministry of Finance, Az Insurance achieved the third place in regard to  gathering of premiums among the insurance companies.

“For the first time from the moment of its establishment the company has shown such good results,” it was informed.

From January till July 2010 the volume of insurance premiums totaled  AZN 7.67 million that exceeds by 25 % the similar period of last year.

“It is also  important to note that in January to July 2009 the company’s net profit for the period made AZN  1.327 million , and for the similar period of 2010 it increased  to AZN  3.946 million. Growth totaled about 200 % that demonstrates dynamical growth of the company in regard to all parameters and directions,” it was informed. ", - is told in the message.

The company was set up in November, 2006. For today charter capital of the company makes AZN 4.643 million. More than 180 employees work in the company. Today, the spectrum of provided insurance products totals 32 for voluntary and five compulsory insurance types.