Tuesday, November 12 2013 15:17
In Q3 2013 Armenia's insurance companies paid in compensation almost as much as they collected in premiums
ArmInfo. In Q3 2013 Armenia's insurance companies collected 5.5bln AMD in premiums (half of what they collected in Q2 2013) and paid over 5bln AMD in compensation (almost as much as a quarter before).
According to ArmInfo's Ranking of Insurance Companies of Armenia, Rosgosstrakh Armenia collected 1.9bln AMD in premiums (22.7% less than in Q2 2013), INGO Armenia 1.1bln AMD (-39%), Nairi Insurance 816.2mln AMD (-66.4%). Garant Insurance collected least of all (196mln AMD or 49% less than a quarter before).
In Jan-Sept 2013 the companies collected in premiums a total of 27.8bln AMD (3.7% less than in Jan-Sept 2012) and paid in compensation 14.7bln AMD (50% more than a year before). Rosgosstrakh collected 7.7bln AMD (- 1.1%), INGO Armenia 5.8bln AMD (-23%), RESO 5bln AMD (+14.5%), Nairi Insurance 4.8bln AMD (+40.6%), Sil Insurance 1.9bln AMD (+73%), Armenia Insurance 1.3bln AMD (-18%), Garant Insurance 1.2bln AMD (-60%).