Insurance payments of 'PASHA Hayat' sharply increase

Baku. 12 April. REPORT.AZ/ 'PASHA Hayat Insurance' has released its initial report to January-March 2016. In accordance with the first quarter results, insurance payments of the company made 6,092 million AZN, this figure is 4-fold more in comparison with the analogical period of past year.

Report informs citing the company, insurance payments mainly made on 'Life insurance', 'Life insurance against death' and 'Compulsory insurance against disability resulting from industrial accidents and occupational diseases'.

During the reporting period, amount of the company's insurance premiums made 21,368 million AZN, which is by 52,3% more compared to I quarter of last year.