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Pasha Sighorta predicts 20% rise in premiums

Pasha Sighorta predicts 20% rise in premiums

05 February 2009 12:56 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan-based Pasha Sighorta plans to earn AZN 10 million in premiums during 2009, up 18.5% on last year.
Nofal Rzayev, CEO of the company, said AZN 8.440 million were collected in 2008 given that the prediction had been AZN 8 million.
â€œI hope we will achieve the target this year too. We will have new customers in March-April,â€ he added.
The company paid AZN 0.94 million for insurance claims in 2008.
Pasha Sighorta, as part of Pasha Holding Group, has been in operation since 2006.

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