Life insurance will go beyond the capital of Azerbaijan

BAKU/05.12.13/Turan : Life Insurance Company Pasha Hayat Sigorta before the end of this month is to open a branch in the city of Ganja .

As said in an interview with EcoVision (the edition ATIB - Azerbaijani- Turkish business association) the chairman Mursal Rustamov , this is the first life insurance sector attempt to go beyond the capital.

In addition, the company plans to introduction of new products - annuity insurance, women's diseases , the lives of children and athletes.

Insurance company of Pasha Hayat Sigorta got license for insurance activity February 14, 2011 . The sole shareholder of the company is Pasha Holding.

The authorized capital is 25.2 million manat.

In January - October this year , the company collected 28.38 million manat premiums paid 739.13 thousand manats.

In Azerbaijan, three insurance companies in the sector of life insurance, whose activities are concentrated in the city of Baku. - 17D-

 

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