Almost Half of Life Insurance Premiums Accounted for Pasha Hayat Sigorta
The specialized life insurance company Pasha Hayat Sigorta by November 1 collected premiums of 47 million 992 thousand manats (+ 36.56% over the same period last year).
According to the report of the insurer, its share in the profile market is 46%, i.e. it is the leader in its segment.
Payments in January-October were at a level of 8 million 169 thousand manats (3.33 times more compared to November 1 last year). The majority of payments (7 million 194 thousand) accounted for voluntary types, while compulsory types were 975,000 manats.
JSC Pasha Hayat Sigorta operates on the local market since 14 February 2011 on the basis of the Ministry of Finance. The whole package of its shares belongs to the group of companies Pasha Holding. --17D-
Economics
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