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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

006Fire destroyed furniture

Uhe house owners know clearly what does mean to work hard to be a homeowner, and to make own house a true home. Mostly, all homeowners are worried about two phenomena – burglars and fire. Many people spend big money for installation of fire alarm and fire-extinguishing system, but sometimes these measures are not enough. One of the cottage owners built his house in Guba during several years – to cover such expenses at once is difficult. The homeowners put their all free money and whole soul into construction of this house. Finally, the house was built. The housewarming party was on August 2011, and one year later the house was burnt down on August 14, 2012.

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