Baku. Yegane Lachinzade - APA-Economics. As of April 1, 2016, PASHA Life’s insurance payments stood at AZN 6.092 mln, up 4.03 times from previous year.
The payments were mainly done over endowment insurance, life insurance in case of death and Compulsory insurance against professional disability resulting from industrial accident and occupational disease.
Insurance premiums made AZN 21.368 mln, up 52.25% in comparison to a year earlier.
PASHA Life has been in operation since February 2011. As of April 1, 2016, the assets stood at about AZN 150,000,000, authorized capital at AZN 40.250 mln.
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