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Reinsurance

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Reinsurance

The reinsurance program developed by the leading experts in this area guarantees the reliability of insurance contracts with PASHA Insurance. Representing insurance coverage, underwriters of PASHA Insurance do not only assess risk covered by the insurance, but also evaluate opportunities for risk retention or further reinsurance. 
Carefully developed policy of reinsurance protects financial interests of the clients as well as of PASHA Insurance. Reinsurance programs with leading world insurers provided by PASHA Insurance and the financial resources of the company guarantee effective management of your risks.

PASHA Insurance actively uses the scheme of reinsurance both on facultative and on obligatory basis.

In November 2015, “PASHA Insurance” signed its first non-proportional obligatory reinsurance contract  of property / construction - installation, cargo, and liability types of insurance. The contract has been signed with Europe's largest and highest rated companies, such as "Hannover Re", "Trust Re", "Polish RE", "SCOR" as well as with local insurance companies, namely "AzRe","AzSigorta", and " ATA Insurance". Respectively, the contract is able to manage risks up to 20 000 000 AZN. Under this program, "Hannover Re"  is presenting as a leading underwriter.

Based on the facultative and obligatory reinsurance, PASHA Insurance guarantees quick, effective and reliable protection of your risks.

Insurance Claims

Разбитый грузовикCrushed truck

September 10, 2009. Mercedes-Benz Axor truck driver will never forget that day. The truck belonged to Construction Company. He drove the truck on his usual route. Despite the truck size it was quite agile and perfectly managed. To drive this truck was a great pleasure. However, passing A.Rajabli street driver heard loud clap and felt that truck swerve – it seems tire blew out. But all drivers attempt to avoid the swerve were unsuccessful in spite of his 35 years experience. The truck swiftly flew straight on a lamp post.

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