Another Azerbaijan insurance company gets license on air transport insurance
Azerbaijan, Baku, March 15 / Trend U. Ismayilova /
The State Insurance Supervision Service of the Azerbaijani Ministry of Finance adopted the rules for insuring space risks, developed by the Azerbaijani insurance company Pasha Sıgorta, the company said.
The Ministry of Finance also approved the rules on civil liability insurance of owners of airports and air traffic control, the message said.
Today, Azal Sigorta renders insurance services in air transport.
Currently, insurance license of Pasha Sıgorta insurance company covers 31 kinds of insurance, five are among the compulsory kinds of insurance.
Pasha Sigorta, a member of Pasha Holding, provides services to corporate and individual customers through the central office in Baku and service offices in Sumgait and Khirdalan. In terms of capitalization the company with an authorized capital of 9 million manat and the current total capital of 11.5 million manat is among the ten leading insurers of the country.