PASHA Life Insurance gets 50% rise in premiums

PASHA Life Insurance gets 50% rise in premiums
# 27 September 2012 11:31 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan- based PASHA Life Insurance has collected AZ 10.279 mln in January-August, 2012, up 50% from year earlier.

Company says the payments on insurance accidents rose 93% to AZN 167,166. Charge insurance premium made AZN 1.379 mln, Insurance of life against death – AZ 421,025, insurance against accidents at work and occupational diseases – AZN 8.202 mln.

During the reporting period, AZN 84,918 was paid to Insurance of life against death and AZN 82,248 – to insurance against accidents at work and occupational diseases.

Company’s funds in banks rose 58% to AZN 19.608 mln.

PASHA Life Insurance has been in operation since November 24, 2010.
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