Pasha Life Insurance OJSC, the company for life insurance company in Azerbaijan published financial statements* for the second quarter of 2021.
According to the data provided, at the end of the second quarter, Pasha Life continues to maintain the position of a leading company in the country with a total capital of capital in the amount of 57.8 million manat. The volume of total assets amounted to 495 million manat.
Pasha Life, customers made insurance payments in the amount of 69.3 million manat for all products. Insurance payments for two main products are as follows: 67.6 million manat for the product “Excable life insurance”, 1 million manat for the product “Compulsory life insurance”.
The size of insurance premiums collected for the specified period amounted to 195.5 million manat, which is 31% more compared to the same period last year.
According to unauthorized primary indicators, the total revenue of Pasha Life for the first half of the year amounted to 12.6 million manat.
In accordance with the strategic plan of the company, work is performed on automation and maximum digitalization of all products. The purpose of these works is to ensure customer satisfaction by providing them with a more affordable product. The company began work on the development of a mobile application.
In the modern world, the choice should certainly fall on a reliable and sustainable company for life insurance. Under any conditions, your funds should be reliably protected and profitable. Pasha Life is your most right choice.
The leading insurance company – Pasha Life Insurance OJSC has been operating since November 2010. As of December 31, 2021, the authorized capital of the company amounted to 40.250 million manat. The company offers customers various life insurance products, including “compulsory insurance against industrial accidents”, “funded investment” and other products on individual and corporate life insurance.