Wednesday, June 2 2010 17:09

ArmInfo. Cascade Insurance Company has insured the paintings by the acknowledged Armenian painters Martiros Saryan,
Seyran Khatlamajyan, Henry Siravanyan, and Minas exhibited at the American University of Armenia on June 1, the company's press-service reported.

The insurance amount is nearly $4.5mn (12 paintings), the source reported. The insurance sector of Armenia encompasses 10 companies and Cascade Insurance is among top companies in terms of insurance premiums for Q1 2010 (10% of total) and 13% of total in 2009, says the Ranking of the Armenian Insurance Companies prepared by the Agency of Rating Marketing Information (ArmInfo).