PASHA Insurance’s collections up by 58%

PASHA Insurance’s collections up by 58% The company’s payments also increased
Finance
December 16, 2016 17:18
PASHA Insurance’s collections up by 58%

Baku. 16 December. REPORT.AZ/ In January-November 2016, PASHA Insurance’s collections amounted 94 390 744 AZN.

This is 58.13% higher in comparison with same period of previous year, Report was informed in the company.

In reporting period, the company’s payments amounted 43 066 164 AZN, which is 57.15% higher than the same indicator one year before.

During January-November of this year PAHA Insurance paid to clients 45.63 AZN for each 100 AZN of insurance premiums. This correlation in January-November 2015 was 45.91%.

Notably, PAHA Insurance was founded in 2006. Its authorized stock capital is 50 mln AZN. Its stock consists of 40 000 shares each par nominal value 1 250 AZN. 100% of companies shares belong to PASHA Holding LLC. 

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