MBASK announced results for 3q
14.11.05

The insurance company MBASK announced the results of activity for three quarters 2005.

Azer-press was informed at the company that by 1 October earnings of MBASK made 20248455.2 thousand manats ($4.24 mn on the average rate of exchange for the period) at payments by 5761749.1 thousand AzM ($1.206 mn). Voluntary insurance kinds made the basis of turnover: premiums totaling 19410507 thousand AzM ($4.064 mn) at payments totaling 5569278.4 thousand AzM ($1.166 mn).

MBASK received 2329272.8 thousand AzM at payments totaling 173679.9 thousand AzM on voluntary fire insurance; accident insurance - 12135360.6 thousand AzM (41275813.8 thousand AzM), engineering insurance - 274563.1 thousand AzM (2510 thousand AzM); transport (cargo) insurance - 899126.1 thousand AzM (407498.8 thousand); medical insurance - 2425936.6 thousand AzM (619694.6 thousand AzM). Premiums on obligatory insurance made 837948.2 thousand AzM ($175476 thousand) at payments by 192470.7 thousand AzM ($40.305 thousand), including civil responsibility of motorcar owners insurance - 587271.9 thousand AzM at payments totaling 192250.4 thousand AzM, passengers insurance - 117820.4 thousand AzM without payments, fire insurance - 132855.8 thousand AzM (220.3 thousand AzM).