New Year`s Eve insurance product from VTB Bank (Armenia) and RESO  Insurance Company - "Safe Rest"
 Monday, November 19 2018, 17:52

ArmInfo.VTB Bank (Armenia) together with the insurance company RESO, on the eve of the New Year holidays, has developed a new insurance product, Safe Rest, for  travel lovers.

Central Bank of Armenia issued a license to RESO Insurance Company for insurance of air transport and liability on usage
 Friday, August 4 2017, 17:55

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.

VTB Bank (Armenia) and RESO offer new terms for acquisition of MTPL, MTPL+, health insurance, property insurance
 Friday, June 24 2016, 12:38

ArmInfo. VTB Bank (Armenia) and RESO insurance company offer new terms for acquisition of 4 types of insurance products (motor third party liability insurance (MTPL) MTPL, MTPL+, health insurance, property insurance), which have been 
prepared for the customers of VTB Bank (Armenia), who make use of RESO's services.    

Wages in Armenian insurance system drop 2.8% over year, with number of employees falling 4.2%
 Thursday, March 19 2015, 20:59
ArmInfo. At the yearend of 2014, the average monthly salary in the Armenian insurance system made up 273.5 thsd AMD ($576) per employee, 2.8% less than in 2013. The number of employees dropped by 4.2% to 1,149. According to the Ranking of Insurance Companies of Armenia by the Agency of Rating
Retail insurance market capacity shrinks by 23.7% over year amid 13.4% growth in corporate insurance
 Thursday, March 19 2015, 18:55
ArmInfo. At the yearend 2014, retail insurance in the Armenian insurance companies' portfolios of premiums made up 62.2% (18.7bn AMD), with corporate insurance being 37.8% (11.4bn AMD). According to the Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmI
 Thursday, March 19 2015, 18:51
Net profits of Armenian insurance companies for 2014 totals 2.2026 bln drams
 Friday, March 13 2015, 20:22
ArmInfo. Net profits of the Armenian insurance companies for 2014 totaled 2.026 bln drams versus 705.6 mln drams in 2013. In Q4 2014, this indicator totaled 1.316 mln drams with a 99.8% decline versus Q3. According to the Ranking of Armenian Insurance Companies prepared by ArmInfo News Agenc
Accumulated profits of Armenian insurance companies up 5.5-fold for 2014
 Friday, March 13 2015, 19:34
ArmInfo. The accumulated profits of the Armenian insurance companies totaled 1.834bln drams in 2014 versus 331.8 bln drams in 2013, with a 5.5-fold growth year over year. The accumulated profits of the Armenian insurance companies for Q4 2015 fell 5.5%. According to the Ranking of the Armenian
Armenian Insurance Companies Reduced Their Assets by 7.5% in 2014
 Friday, March 13 2015, 17:43
ArmInfo. As of January 2015 the total assets of the Armenian insurance companies (IC) reduced by 7.5% and made 40.6 billion AMD. In Q3 2014 the assets reduced by 3.8%. According to "ArmInfo" News Agency's ranking of the Armenian ICs, three of six insurance companies had an annual decrease of
Insurance companies of Armenia report 6.1% increase in policies for Q3 2014
 Wednesday, December 24 2014, 20:54
ArmInfo. Armenian insurance companies provided 244,201 policies for Q3 2014, showing a 6.1% increase versus the same period of 2013. The number of valid insurance policies grew 1.6% to 628,202 as of 1 October 2014. According to the Ranking of Armenia's Insurance Companies prepared by ArmInfo
In Jan-Sept 2014 retail insurance dropped by 29.5% while corporate insurance grew by 20%
 Wednesday, December 24 2014, 19:58
ArmInfo. In Jan-Sept 2014 the share of retail insurance in the premiums of Armenia's insurance companies made up 61% or 13.9bln AMD, while that of corporate insurance made up 39% or 8.9bln AMD. According to ArmInfo's Ranking of Insurance Companies of Armenia, in Jan-Sept 2014 retail insurance
In Jan-Sept 2014 compensation of Armenian insurance companies grew by 36.9%
 Wednesday, December 24 2014, 19:38
ArmInfo. In Jan-Sept 2014 the aggregate compensation of Armenia's insurance companies grew by 36.9% to 18bln AMD. The premiums during the same period dropped by 16% to 22.8bln AMD. According to ArmInfo's Ranking of Insurance Companies of Armenia, three companies registered growth in compe
In Jan-Sept 2014 premiums of Armenian insurance companies dropped by 16%
 Wednesday, December 24 2014, 19:09
ArmInfo. In Jan-Sept 2014 the premiums of Armenia's insurance companies dropped by 16% to 22.8bln AMD, while their compensation grew by 36.9% to 18bln AMD. As a result, in Jan-Sept 2014 the companies registered 2.3bln AMD net profit against 339.7mln loss a year before. According to ArmIn
Armenian insurance companies increase assets by 2,5% for 3Q
 Tuesday, December 23 2014, 18:30
Arminfo. The aggregate assets of insurance companies of Armenia (including the insurance company "Garant Insurance") amounted to 44,1 billion AMD by 1 October 2014, by 2,5% more for the 3Q. The big actors of the market provided the quarter growth of the given indicator: the insurance company "R
RESO Insurance Company compensates for damage under hull insurance in 90.9% of cases
 Monday, July 21 2014, 19:59
ArmInfo. From January 1 to the present day, RESO Insurance Company accepted 287 applications for compensation under hull insurance. The company took a positive decision on 261 applications or in 90.9% of the cases. Furthermore, the insurer paid out up to 9 million AMD on twenty applications subm
RESO Insurance Company compensates for hailstorm-caused damage
 Friday, July 18 2014, 19:06
ArmInfo. RESO Insurance Company has compensated for the damage caused to 6 customers' cars by the heavy hailstorm and rain in Vanadzor. The press service of the company has told ArmInfo that especially the residents of Vanadzor suffered from the heavy hailstorm and rain on July 7. Not only cars
Average salary in insurance sector of Armenia down 2% in 2014
 Thursday, August 14 2014, 12:50
ArmInfo. Average salary in the insurance system of Armenia totaled 277,000 drams ($680) for the first half of 2014, suffering a 2% decline year over year. According to the Ranking of Armenian Insurance Companies prepared by ArmInfo, 3 out of 6 companies increased the salaries of their employees:
 Wednesday, August 13 2014, 19:01
Four Armenian insurance companies register growth in compensation
 Wednesday, August 13 2014, 18:26
ArmInfo. In Jan-June 2014 as compared with Jan-June 2013 Armenia's insurance companies registered a 64% growth in compensation. According to ArmInfo's Ranking of Insurance Companies of Armenia, four companies registered a growth in compensation: Rosgosstrakh Armenia (twice), Nairi Insurance
Armenia's insurance companies register a 28% cut in premiums and 64% growth in compensation
 Wednesday, August 13 2014, 17:56
ArmInfo. In Jan-June 2014 as compared with Jan-June 2013 Armenia's insurance companies registered a 28% cut in premiums to 15.4bln AMD and a 64% growth in compensation to 14bln AMD. As a result, on June 1 2014 they recorded a 2bln AMD net profit against a 190mln AMD loss on June 1 2013. Acco


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