ArmInfo. INGO Armenia Insurance Company paid 73 mln drams MTL indemnities (compulsory motor third party liability insurance) and 19 mln drams autoCASCO indemnities in March, INGO Armenia PR Service told ArmInfo. To recall, last year the company collected 1.9 bln drams voluntary insurance

ArmInfo. "RESO" insurance company has started aggressive policy on development of the portfolio of the corporative contracts, Executive Director of the company, Samvel Grigoryan, told ArmInfo correspondent. He also added that in 2-3 years the company is going to increase the share of the cor

ArmInfo. INGO ARMENIA Insurance Company is going to insure another 80-90,000 cars in 2011, to increase voluntary insurance contracts by 25%-30%, Levon Altunyan. Executive Director of INGO ARMENIA told media on Wednesday. The insurer said that at present in line with the strategic plan of

ArmInfo. The unfavorable socio-economic situation in Armenia and the high inflation expectations have failed to justify the insurers' plans concerning the growth in CASCO segment, Executive Director of Nairi Insurance Gor Khachatryan told ArmInfo correspondent. He said almost all insur

ArmInfo. INGO ARMENIA Insurance Company is going to insure another 80-90,000 cars in 2011, to increase voluntary insurance contracts by 25%-30%, Levon Altunyan. Executive Director of INGO ARMENIA told media on Wednesday. The insurer said that at present in line with the strategic plan of

ArmInfo. Interview with Hayk Baghramyan, Executive Director of Sil Insurance Company Mr. Baghramyan, all our insurers explain growth of CASCO contracts with introduction of compulsory insurance in the country. Your company forecasted 30%-40% growth of CASCO premiums. Did your expectations c

ArmInfo. Since the launch of Motor Third Party Liability (MTPL), Nairi Insurance concluded about 30 thsd MTPL agreements worth 927 mln AMD, the company's press service told ArmInfo. According to the company, the share of corporate clients in the MTPL portfolio is about 20% of the total

ArmInfo. Since the launch of Motor Third Party Liability (MTPL), Nairi Insurance concluded about 30 thsd MTPL agreements worth 927 mln AMD, the company's press service told ArmInfo. According to the company, the share of corporate clients in the MTPL portfolio is about 20% of the total

ArmInfo. Insurance for those going abroad remains the most demanded insurance type in Armenia, and this is proved by 27766 contracts concluded in this segment over Jan-Sep 2010 (35,6% of total). According to the Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing In

ArmInfo. Interview with Gagik Grigoryan, Executive Director of Rosgosstrakh-Armenia Insurance Company Mr. Grigoryan, we have been recently observing a certain tendency of consolidation of insurance companies in the country. Rosgosstrakh-Armenia did not remain aside of those trends and amalg

ArmInfo. HSBC Bank Armenia CJSC and Cascade Insurance ICJSC are pleased to announce that the strategic partnership agreement has now been approved by the Central Bank of Armenia. HSBC Bank Armenia will now be able to sell insurance products such as property insurance, motor insurance including

ArmInfo. The Motor Third Party Liability Insurance (MTPL) is a culture shock that Armenia should get through, President of Rosgosstrakh Danil Khachaturov said at today's press conference. According to him, Armenia practically lacks an insurance market. "Therefore our main task is to form an ins

ArmInfo. About 10% of the cars registered in Armenia already have the insurance policies of Motor Third Party Liability Insurance (MTPL), Director of the Association of Armenian Insurance Market Participants, Andranik Ohanjanyan, said at today's press conference dedicated to the 15th anniversar

ArmInfo. In the regions of Armenia agents of the local insurance companies are engaged in insurance of agricultural tractors not subject to insurance, Eduard Hovhannissyan, Chairman of For Protection of Drivers' Rights NGO, said in a press conference in Yerevan on Monday. He said that by