Arminfo. The insurance payments of Armenian insurers grew almost fivefold for a year and reached 5.2 bln drams ($14 mln) as of 1 October 2011. According to the Ranking of Armenian insurance companies prepared by ArmInfo, the insurance company "Rosgosstrakh-Armenia" is the leader on the insur

ArmInfo. Insurance companies of Armenia collected premiums in the amount of 18.677 bln drams ($50.2 mln) with a 4fold growth versus 9 months of 2010. In the structure of insurance charges, the share of corporate insurance totaled 31.6%, with retail insurance making up 68.4%. Leader in terms

ArmInfo. The insurance company "RESO" has joined a Pre-New-Year action for corporative customers initiated by the "Rubinyants-Tun" business centre. As press-service of the company reported, the action was launched within the frames of the agreement between the insurance company "RESO", tele

Arminfo. From now on, the Motor Third Party Liability Insurance (OSAGO) policy of the insurance company "Rosgostrakh Armenia" may be executed at «Areximbank- Gazprombank Group» in an on:line regime by an employee of the bank directly at the web-site of the insurance company. This new system wi

ArmInfo. Compulsory motor third-party liability insurance has changed the Armenian drivers' attitude towards insurance: now their road accident-related conflicts are solved in a more civilized manner, Head of the Insurance Event Regulation Department of INGO Armenia Mikael Khachatryan said durin

ArmInfo. In Q3 2011 the premiums of the eight Armenian insurance companies grew by 15.8% to 3.1bln AMD. The National Statistical Service of Armenia reports that 1.392bln AMD or 45% were compulsory motor third-party liability insurance premiums (40.3% growth in Q3 2011), 832mln AMD or 27% - pr

ArmInfo. The insurance company "Nairi Insurance" is launching a programme of individual medical insurance, executive director of the company, Gor Khachatryan, told Arminfo correspondent. He also added that at present the pilot regime of the programme has been launched and its main stage will st

ArmInfo. ArmInfo's interview with Pirouz Sargsyan, financial mediator (financial ombudsperson) of Armenia What is the impact of introduction of the financial ombudsman's institute on the financial system of Armenia? Has it increased the trust in the system? Introduction of the financi

ArmInfo. The insurance company "Nairi Insurance" is launching a programme of individual medical insurance, executive director of the company, Gor Khachatryan, told Arminfo correspondent. He also added that at present the pilot regime of the programme has been launched and its main stage will st

ArmInfo. The Financial Ombudsman's Office of Armenia has received over 1.6 thsd complaints since its start-up, Chairman of the Central Bank of Armenia Artur Javadyan said at today's conference "The Financial Ombudsman's Institute aimed at consolidating the public confidence and enhancing the rol

ArmInfo. The share of insurance premiums in GDP may reach 12% within 7-8 years without any additional burden on the budgets of the Armenian families and with protection of their interests, Executive Director of INGO Armenia Levon Altunyan said in a press conference dedicated to the 14th annivers

ArmInfo. The loss ratio of the Motor Third-Party Liability Insurance (OSAGO) will become critical till late 2011 reaching 70%, Levon Altunyan, INGO Armenia Insurance Company Executive Director, told media, Friday, when commenting on the growth of insurance premiums for the last 2-3 months. He sa

ArmInfo. In autumn the average growth in motor third party liability (MTPL) payments will be 10-13%, Gor Khachatryan, CEO of Nairi Insurance, told ArmInfo. To confirm his forecast, the insurer said that in September the volume of the insurance payments in the company was by 53% more than the ave

ArmInfo. The loss ratio of the Motor Third-Party Liability Insurance (OSAGO) will become critical till late 2011 reaching 70%, Levon Altunyan, INGO Armenia Insurance Company Executive Director, told media, Friday, when commenting on the growth of insurance premiums for the last 2-3 months. He sa

ArmInfo. The share of insurance premiums in GDP may reach 12% within 7-8 years without any additional burden on the budgets of the Armenian families and with protection of their interests, Executive Director of INGO Armenia Levon Altunyan said in a press conference dedicated to the 14th annivers

ArmInfo. In autumn the average growth in motor third party liability (MTPL) payments will be 10-13%, Gor Khachatryan, CEO of Nairi Insurance, told ArmInfo. To confirm his forecast, the insurer said that in September the volume of the insurance payments in the company was by 53% more than the ave

ArmInfo. Over Q2 2011, Nairi Insurance signed the biggest number contracts on motor third party liability insurance (MTPL) - 18,847 contracts, or 35% of the summary number of MTPL agreements. According to the Ranking of Insurance Companies of Armenia by ArmInfo Agency, over Q2 2011, Nairi In

ArmInfo. The professional insurance community of Armenia has determined its worthy competitors. As a result of a cross public opinion poll among 22 top managers of 7 insurance companies of Armenia, 2 insurance companies have taken the lead in 10 nominations: INGO Armenia in 7 nominations and R

ArmInfo. Over Q2 2011, Nairi Insurance signed the biggest number contracts on motor third party liability insurance (MTPL) - 18,847 contracts, or 35% of the summary number of MTPL agreements. According to the Ranking of Insurance Companies of Armenia by ArmInfo Agency, over Q2 2011, Nairi In

ArmInfo. Over Q2 2011, seven Armenian insurers concluded 76,765 contracts. According to the Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo), the most demanded type of insurance (MTPL exclusive) is the travel insurance - 8,519 contracts (11.1%),