PASHA Hayat Insurance: We invested 10 million AZN in bonds

Baku. 28 October. REPORT.AZ/ PAHSA Hayat Insurance invested AZN 10 million in bonds so far. Report informs, deputy chair of the company Niyaz Ismayilov told in his statement to reporters.

According to him, PASHA Hayat Insurance stopped investing in real estate: “We stopped investing in real estate due to known risks. But we expect to restore investments soon”.

N.Ismayilov noted that, company’s investments reached AZN 129 million after 24 percent increase during last year and 17% increase since beginning of this year.

Deputy chair stated that company’s insurance collections rose by 45 percent in comparison with previous year: “We collected AZN 61.8 million insurance payment within this year. The figure in the same period of previous year was AZN 42.5 million. There is a 45 percent growth”.