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About Company

"PASHA Insurance" Open Joint Stock Company, which has been operating since 2006, is one of the recognized leaders in terms of market share in the non-life insurance services market of Azerbaijan. To date, the value of the company's capital is 50 million AZN. PASHA Insurance offers 36 types of compulsory and voluntary insurance services for around 700 000 individual and corporate customers. This level of capitalization provides PASHA Insurance necessary financial capacity to perform its insurance liabilities confidently and guarantees its solvency. In addition, sufficient availability of internal funds creates a potential for further development of the insurance company. The global rating agency S&P has affirmed PASHA Insurance's long-term credit rating and financial sustainability rating at 'BB', and the rating outlook to "Positive" from "Stable". "PASHA Insurance" OJSC operates on the basis of license No. 476 dated October 12, 2016 of the Financial Markets Control Chamber of the Republic of Azerbaijan.