Pasha Hayat Sigorta among the most capitalized life insurers
The share of the insurance company Pasha Hayat Sigorta is 73.67% of the total capitalization of insurance companies operating in the life insurance market (there are three).
According to the leadership of the financial structure, it became known after the size of its share capital has increased by two-thirds - to 25.2 million manat.
Overall, as of the beginning of the second half of the year, the total registered capital of domestic insurance companies is 265 million 776 thousand manats (+6.6% compared with the figure of 1 January).
The company Pasha Hayat Sigorta in terms of the share capital is in the fourth place. The leaders are the only reinsurance company in the market AzRe, as well as insurers Pasha Sigorta and Khalg Sigorta.
Insurance company Pasha Hayat Sigorta was founded in 2010 and started the actual activity in the middle of February 2011.
The founder of the company is Pasha Holding.
The registered capital is 25.2 million manat.
In January-May this year, it collected 14.9 million, and paid 380 thousand manats. - 17D-
Economics
-
The management of the Baku Metro often announces projects for new underground lines and stations, but official information never includes data on the cost of laying a kilometer of track or building specific metro stations. Journalists sometimes obtain details from unofficial sources, raising doubts about the reliability of such information. For instance, in 2021, an unofficial government source reported a cost of 60 million manats for planned construction of a single station on the Purple Line. This figure excluded finishing works, installation of communication lines, electronics, escalators, and elevators.
-
The Milli Majlis (Parliament) of Azerbaijan began discussions on Monday regarding the draft state budget for 2025, which projects expenditures of AZN 41.368 billion.
-
Azerbaijan’s livestock sector has demonstrated modest growth in domestic production, yet it faces significant challenges as imports of meat and dairy products surge. Recent data from the State Statistics Committee underscores this dichotomy, revealing increases in local output but an even sharper rise in imports, accompanied by persistent price inflation.
-
Azerbaijan's agricultural sector faces a critical moment as modest growth in grain production fails to offset a troubling decline in productivity. Data from the State Statistics Committee shows that total grain and legume production grew by 0.7% year-on-year, reaching 3.2 million tons by November 1, 2024. However, this growth is overshadowed by a sharp 6.2% drop in yield, highlighting structural inefficiencies in the sector.
Minimum əməkhaqqı, pensiya, ehtiyac meyarı. Rəqəmlər real bazar qiymətinə uyğundur? – Zöhrab İsmayıl Çətin sualda
News Line
-
- Economics,
- 13:04
- 193
Leave a review