Successor to Garant Sigorta to Insure Passengers
After stopping the activities of the insurance company Garant Sigorta at the end of 105, Pasha Sigorta became successor to its functions, including compulsory insurance of passengers. From now on it has got this right granted by the Bureau of Compulsory Insurance (BCI).
According to the report, previously Pasha Sigorta insured civil liability of owners of motor vehicles and real estate, as well as the property itself.
Prior to it, the right to individually insure passengers, other than the predecessor, was entitled to the "aviation" insurance company Ipek Yolu Sigorta.
OJSC Pasha Sigorta with a capital of 50 milion AZN has been operating under the Ministry of Finance license since July 2006. Its sole founder is the investment Pasha Holding. In the last 4 years it has been leading in terms of premiums and payments in the local insurance market. --17D-
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