Pasha Life, the leading company of Azerbaijan for Life Insurance, published financial statements for 2022, prepared in accordance with international standards.
In 2022, Pasha Life Insurance OJSC took a leading place among the participants in the insurance market in terms of insurance premiums. Thus, the company set a new record in the insurance market, having received insurance premiums in the amount of 407 million manat for all products. At the same time, the company made insurance payments to its customers for 221 million manat. This, in turn, is 17% more than the annual indicator of 2021.
As a result, based on the non -suggested preliminary indicators, Pasha Life completed 2022 with a total income of 24 million manat. The total capital of the company amounted to 70 million manat, and the total obligations – 492 million manata.
as of December 31, 2022, the total assets of Pasha Life, one of the financially stable companies, amounted to 562 million manat.
The company that is working to provide customers with the best service and digital solutions implements a new digital transformation strategy since 2021.
Over the past year, Pasha Life has implemented new projects and implemented a number of new processes in the field of creating new products, data analysts, Agile management, and optimizing a number of other business processes. Paying special attention to its employees, the company conducted a study on Employe Engagagement with the support of the international consulting company Willis Towers Watson in order to ensure the preservation and further improvement of professional corporate culture.
As a result of the work in the direction of digitalization in 2022, Pasha Life became the winner in the nomination “Best Site of the Year” in the Finance and Banks category at the 17th awarding ceremony of the Netty2022 National Internet Premium. Also in full swing is the development of an innovative mobile application based on customer experience, and the first version is planned to be provided to customers at the beginning of 2023.
At the present time, the choice should certainly fall on a reliable and stable company for life insurance. Under any conditions, your funds should be reliably protected and bring you income. For this, the most right choice is Pasha Life.
The leading insurance company – Pasha Life Insurance OJSC has been operating since November 2010. As of December 31, 2021, the aggregate assets of the company amount to 562 million manat. The company offers customers various life insurance products, including “compulsory accidents and occupational diseases”, “funded investment” and other products on individual and corporate life insurance.