Insurance fees of PASHA Insurance up by 63%

Baku. 19 August. REPORT.AZ/ In January-July 2016, insurance fees of PASHA Insurance totaled 70 902 332 AZN, Report informs, the insurance company said.

According to the information, this is more by 62,8% in comparison with the same period of last year.

During the reporting period payments of the insurance company also increased. Thus, during 7 months company made insurance payments in the amount of 24 202 817 AZN. This is more by 46,7% compared to the same period of 2015.

In January-July 2016 PASHA Insurance has paid 34,14 AZN of premiums back to customers per collected 100 AZN. In January-July 2015, the ratio was 37,88%.

Notably, PASHA Insurance established in 2006. Its registered capital is 50 mln AZN. This amount formed on the basis of 40 000 shares with par value of 1 250 AZN. The company owned by Pasha Holding.