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US insurance broker ups its assets 12.3 pct in Azerbaijan

10 October 2012 14:18 (UTC+04:00)
US insurance broker ups its assets 12.3 pct in Azerbaijan

Assets of Marsh Insurance and Reinsurance Brokers LLC, the Azerbaijan representation of the major US insurance brokerage Marsh, increased by 12.33 per cent in 2011 and amounted to 8.559 million manats (around $10.9 million), according to the company's accounting reports.

Long-term assets of the company more than doubled last year to 301 million manats, and short-term ones increased 10.34 percent to 8.258 million manats, says the balance sheet of the company, published in the official press on Tuesday.

An audit of the company for 2011 was carried out by Deloitte & Touche.

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