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PASHA Insurance

One of Azerbaijan largest insurers, part of PASHA Holding.

Official website ↗Ask FinFly

KEY FACTS

Sector: Insurance
Materials on FinFly: 12
Covered since: September 5, 2026
Latest story: November 8, 2026
Official source: pasha-insurance.az

Company connections

PASHA Holding → PASHA Insurance

PASHA Insurance appears in PASHA Holding’s official portfolio. No ownership percentage is asserted.

Source checked: 2026-09-08 · Primary source ↗

PASHA Holding → · PASHA Insurance →

Connections are dated to their sources. Co-mention does not imply ownership or partnership.

THE TIMELINE

Everything FinFly reported

Mentioned in body

Economy · November 8, 2026

Claims outpace premiums: Azerbaijan’s insurers compared

Life-insurer payments reached 92.4% of premiums. A comparison of 15 companies, with life and non-life shown separately.

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.

Mentioned in body

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

Xalq Sığorta tops Azerbaijan’s MTPL complaint index: what the ranking measures

Three insurers have readings above one in the 12-month index through September 2026. The measure compares complaint share with contract share.

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.

SAME SECTOR

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