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
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review