Arminfo. The great majority of complaints to the office of financial ombudsman for 8 months of 2011 were regarding banks and insurance companies. According to the data of the Financial Ombudsman's office, 36 out of 80 complaints were against banks and another 36 - against insurance companies and

ArmInfo. In Jan-Aug 2011 the Office of Financial Ombudsman received 252 complaints. 80 complaints were considered, with 68% satistifed and 29mln AMD paid in compensation. 18 complaints concerned lending procedures, 4 - deposits, 18 - bank accounts and plastic cards, 6 - money transfers, 15 -

ArmInfo. Aug 26-28 2011 RESO Insurance Company will hold a workshop for its managers in Aghveran. The workshop will involve over 70 managers developing the company's agency networks. RESO's Marketing Service reports that it will be a recreational workshop, aimed at teaching the managers h

Arminfo. Nine Armenian insurance companies collected 12.787 bln drams ($34.6 mln) of premiums for 1Q 2011. The share of corporative insurance in the structure of insurance collections was 23,2% or 2.9 bln drams, and of the retail one - 76,8% or 9.8 bln drams. According to the Ranking of insu

ArmInfo. INGO Armenia insurance company has registered 164 road accidents in June 2011 (53 in marzes). In 119 cases the company has paid compensation (a total of 28mln AMD). The press service of the company reports that 10 applicants also had CASCO insurance policies and received 7mln AMD mor

ArmInfo. INGO Armenia insurance company has registered 164 road accidents in June 2011 (53 in marzes). In 119 cases the company has paid compensation (a total of 28mln AMD). The press service of the company reports that 10 applicants also had CASCO insurance policies and received 7mln AMD mor

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