Central Bank of Armenia issued a license to RESO Insurance Company for insurance of air transport and liability on usage

ArmInfo. The Central Bank of  Armenia issued a license to RESO Insurance Company for two new  classes - aviation insurance and liability from its use. As the press  service of the Central Bank of Armenia told ArmInfo, the decision was  made on August 4 at a meeting of the Council of the Central Bank.

According to ArmInfo data, IC "RESO" by now carried out insurance in  11 classes: health insurance, accident insurance, CASCO, liability  insurance against the use of land transport, insurance of cargo  transportation, property (from fires and natural disasters, and from  other damages), general liability insurance, travel insurance,  insurance of financial risks, OSAGO.

According to the ranking of insurance companies of Armenia, prepared  by NA ArmInfo, the volume of insurance premiums of RESO Insurance  Company as of July 1, 2017 amounted to 1.7 bln AMD with an annual  growth of 13.1%, and the volume of insurance indemnities - 877.8 mln  AMD with an annual growth of 59.2% %. The insurance premiums of the  company are dominated by fees for OSAGO, health insurance, CASCO, and  in the reimbursements - OSAGO and CASCO.