Bank Of Baku

PASHA Life Insurance gets rise in assets

PASHA Life Insurance gets rise in assets
# 23 October 2014 13:48 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. In January-September, 2014, PASHA Life Insurance’s assets rose AZN 32.301 mln or 62.4% to AZN 84.036 mln, monetary resources raised AZN 19.524 mln or 41.2% to AZN 66.880 mln.  

 

Company’s spokesman Israil Garayev told APA-Economics that the insurance reserves increased AZN 22.473 mln or 2.4 times to AZN 39.287 mln, insurance premiums soared AZN 7.359 mln or 30.3% to AZN 31.657 mln, insurance payments grew ANZ 1.585 mln or 3.5 to AZN 2.225 mln.

 

Garayev noted that the authorized capital also increased AZN 15.050 mln or 59.7% to AZN 40.250 mln.

 

 

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