AZERBAIJAN: PASHA Life sets a new GWP record in the insurance market in 2022

22 February 2023 —
PASHA Life, the country's leading life insurance company, took the leading position among insurance market participants in terms of GWP in 2022. The company set a new record in the insurance market, having collected AZN 407 million (EUR 224.68 million) for all products and made insurance payments to its customers in the amount of AZN 221 million (+17%), Trend wrote.

Unaudited preliminary data show that PASHA Life ended 2022 with total revenue of AZN 24 million, total capital of AZN 70 million, and total liabilities of AZN 492 million. Total assets of PASHA Life as of December 31, 2022, reached AZN 562 million.

*1 EUR = 1.8114 AZN (December 31st, 2022)



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