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-
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