Thursday, February 20 2014 18:52
In 2013 Armenia's insurance companies paid in compensation 30% more than in 2012
ArmInfo. In 2013 Armenia's insurance companies collected 35bln AMD in premiums (0.2% more than in 2012) and paid 20bln AMD in compensation (30% more than a year before).
According to ArmInfo's Ranking of Insurance Companies of Armenia, Rosgosstrakh Armenia collected 10.4bln AMD (7.8% more than in 2012), INGO Armenia 7.6bln AMD (16% less), RESO 5.8bln AMD (14% more), Nairi Insurance 5.7bln AMD (33% more), Sil Insurance 2.5bln AMD (65.6% more), Armenia Insurance 1.8bln AMD (8.7% less) and Garant Insurance 1.2bln AMD (64% less).
In Q4 2013 the companies collected 7.1bln AMD in premiums (30% more than in Q3 2013) and paid 5.1ln AMD in compensation (2.4% more than in Q3 2013). 
Rosgosstrakh Armenia collected 2.7bln AMD (38% more than in Q3 2013), Ingo Armenia 1.8bln AMD (+53.6%), Nairi Insurance 830.2mln AMD (+2%), ESO" 752.8mln AMD (+6%), Sil Insurance 587mln AMD (+58%), Armenia Insurance 477.3mln AMD (+56.3%), Garant Insurance 38.6mln AMD (-80.3%).
As of Jan 1 2014 there were seven insurance companies in Armenia.  They provide 16 of 18 insurance classes.