Pasha Life

An Azerbaijani life insurer whose legal entity and licence are listed in the Central Bank register.

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KEY FACTS

Sector: Insurance
Materials on FinFly: 10
Covered since: September 5, 2026
Latest story: November 5, 2026
Official source: pasha-life.az

VERIFIED PROFILE

Checked against primary sources on 6 November 2026

Legal entity: "Paşa Həyat Sığorta" ASC
Regulator: Central Bank of Azerbaijan
Licence: 087786
Licence issue date: 11.12.2015
Tax ID (VÖEN): 1401876531
State registration date: 24.11.2010

Primary sources

CBA: official register

Separate non-life insurer profile

THE TIMELINE

Everything FinFly reported

In headline / lead

Economy · November 5, 2026

PAŞA Həyat leads Azerbaijan insurers with AZN 568.351 million in nine-month premiums

PAŞA Sığorta ranks second with AZN 308.931 million in premiums, followed by Atəşgah Həyat with AZN 83.579 million.

In headline / lead

Economy · November 5, 2026

PAŞA Həyat and PAŞA Sığorta lead Azerbaijan insurers by assets

PAŞA Həyat Sığorta held AZN 769.5 million in assets, followed by PAŞA Sığorta with AZN 539.9 million.

In headline / lead

Economy · November 5, 2026

PAŞA Həyat leads insurer and reinsurer net profit ranking for January-September 2026

PAŞA Həyat Sığorta earned AZN 41.147 million in net profit. AzRe Təkrarsığorta and PAŞA Sığorta complete the top three.

Mentioned in body

Economy · October 26, 2026

Insurers ranked by net profit: who earned the most in the first half?

A comparison of disclosed January–June 2026 results. Absolute profit measures earnings scale, but is not a substitute for return on capital.

Mentioned in body

Economy · October 26, 2026

Three insurers collect 78% of premiums: measuring market concentration

The top three life insurers collect 95.9% of segment premiums. CR3, CR5 and HHI calculations reveal how unevenly business is distributed.

In headline / lead

Economy · October 26, 2026

Payouts per AZN 100 of premiums: comparing Azerbaijan’s insurers

Atəşgah Həyat paid more than it collected in current premiums, while PAŞA Həyat’s ratio reached 92%. This cash-flow comparison is not a loss ratio.

In headline / lead

Economy · October 26, 2026

Which Azerbaijani insurers paid out the most? The eight-month ranking

PAŞA Həyat paid AZN 477 million and PAŞA Sığorta AZN 115 million. The ranking shows payment scale, but not settlement speed or service quality.

Mentioned in body

Economy · October 26, 2026

Meqa Həyat grows 85% as Qala Sığorta falls 29%: insurers gaining and losing ground

A January–August premium growth ranking compares percentages with absolute changes to separate a small starting base from business scale.

In headline / lead

Economy · October 26, 2026

Who collects Azerbaijan’s insurance premiums? An eight-month ranking

PAŞA Həyat leads life insurance and PAŞA Sığorta leads non-life. A comparison of all 15 listed insurers by January–August 2026 premiums.

Mentioned in body

Economy · September 5, 2026

Azerbaijani Business in Foreign Markets: FinFly Ranking Based on Open Data

Four Azerbaijan-born billionaires in the Forbes 2026 list hold a combined $41.4 billion, but their businesses operate entirely in Russia. FinFly separates Azerbaijani-origin capital from Azerbaijani companies abroad and identifies who truly expands business beyond the country.

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