40 million authorized capital of Pasha Hayat Sigorta

BAKU/11.04.14/Turan : Authorized capital of the insurance company "Pasha Hayat Sigorta" increased by more than half ( 59.7 % ), amounting to 40.25 million manat.

As stated in the press release, countering financial risks enhanced by the conversion - the nominal value of each of the 7000 securities rose from 3600 to 5750 manat manat.

The company "Pasha Hayat Sigorta" established in 2010 , a license for insurance activity received February 14, 2011 . The sole shareholder of the company is Pasha Holding.

In 2013, premiums totaled 34,966,710 manats payments - 1,046,800 manats. - 17D-

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