Assets of PAŞA Həyat Sığorta decline by 6.8% and balance sheet capital by 4.3%

16:03 - 13.11.2026


November 13, Fineko/abc.az. As of October 1, 2026, the assets of PAŞA Həyat Sığorta OJSC (PASHA Heyat Sigorta) decreased by 6.8% in annual terms, reaching 769.507 million manats and the balance sheet capital by 4.3% to 122.828 million manats.

According to company's financial report, for Jan-Sept 2026, the growth rate of insurer's expenses (25.8%) exceeded the growth rate of its income (23.4%).

Thus, for the first 9 months of 2026, PAŞA Həyat Sığorta's expenses amounted to 598.915 million manats and its revenues - 651.154 million manats.

Profit tax payments lowered by 3% to 11.092 million manats.

At that, company's liabilities dropped by 7.2% in annual terms, reaching 646.679 million manats, while net profit for Jan-Sept grew only by 2.5% up to 41.147 million manats.