Insurance companies of Armenia increase number of policies by 34.6% for Q1 2014
 Monday, June 16 2014, 10:04
ArmInfo. Armenian insurance companies (except Garant Insurance Company that is undergoing a merger with Rosgosstrakh Armenia Company) sold 330634 policies for Q1 2014 - 34.6% or by 85,975 policies more than in Q3 2014. As of April 1 2014, the number of insurance policies totaled 639977 with a 1
Armenian insurance companies reduced premiums by 4.1% and increased payouts by 24.2% over year
 Friday, June 13 2014, 20:48
ArmInfo. The insurance premiums of the Armenian insurance companies (exclusive of Garant Insurance, which is undergoing merger with Rosgosstrakh Armenia) dropped by 4.1% over year, while the payouts rose by 24.2%. By 1 April 2014, the aggregate insurance premiums amounted to 10.3 bln AMD, with t
In Q1 2014 Armenian insurance companies demonstrated 1.2 bln AMD profit
 Friday, June 13 2014, 20:23
ArmInfo. In Q1 2014 the Armenian insurance companies demonstrated a 1.2 bln AMD net profit versus 597.1 mln AMD negative profit in Q4 2013. As compared with Q1 2013, the aggregate net profit of the 7 insurance companies of Armenia rose 3.5-fold. According to the Ranking of Insurance Companies of
Tangible premium income allows Armenian insurance companies to considerably increase profit
 Friday, June 13 2014, 17:59
ArmInfo. In Q1 2014 the accumulated profit of 7 insurance companies of Armenia grew almost 4-fold to 1.453 bln AMD by 1 April 2014 (43% year over year decline). In the structure of accumulated profit, the net profit demonstrated a similar quarterly growth (more than 3-fold year over year growth
In Q1 2014 assets of Armenia's insurance companies dropped by 6%
 Thursday, June 12 2014, 19:32
ArmInfo. In Q1 2014 the assets of Armenia's seven insurance companies dropped by 6% to 44.3bln AMD. As compared with Q1 2013 the assets grew by 2.7%. According to ArmInfo's Ranking of Insurance Companies of Armenia, the drop was due to 9.7% drop in current assets, 5.1% drop in current financi
Insurance companies of Armenia have net profit 1.2 billion AMD for the 1Q 2014
 Tuesday, May 6 2014, 15:54
ArmInfo. The insurance companies of Armenia have completed the 1Q 2014 with a net profit 1.2 billion AMD. According to the insurance Ranking of Arminfo, the net profit grew by 3,6 times versus the indicator of 2013, and almost fourfold versus the indicator of 2012. The insurance companies had a
In Q1 2014 Armenia's insurance companies paid in compensation just half of their premiums
 Tuesday, May 6 2014, 15:38
ArmInfo. In Q1 2014 Armenia's insurance companies collected 10.1bln AMD in premiums (10% less than in Q1 2013) and paid 5bln AMD in compensation (twice as much as a year before), says ArmInfo's Ranking of Insurance Companies of Armenia. Rosgosstrakh Armenia collected 33.3bln AMD, INGO Armenia
6 insurance companies among largest taxpayers of Armenia
 Tuesday, April 29 2014, 20:01
ArmInfo. 6 Armenian insurance companies found themselves among the top 1000 taxpayers of Armenia in Q1 2014. Rosgosstrakh-Armenia was ranked the 152nd. It transferred 173 mln AMD to the state budget (including 165.2 mln AMD in profit and income taxes). According to the State Revenue Committe
Voluntary motor insurance in Armenia loses its growth rates
 Thursday, March 13 2014, 18:50
ArmInfo. Voluntary motor insurance in Armenia is losing its growth rates. According to the Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo), in 2013 the segment of the motor own damage insurance in Armenia grew by 9% to 2.1 bln AMD. In 2012
Aggregate insurance portfolio in Armenia underwent almost no changes over year, with indemnity growing by 36%
 Thursday, March 13 2014, 16:25
ArmInfo. The insurance premiums of the 7 Armenian insurance companies grew by 0.6% over year, with the indemnities rising by 36%. By 1 Jan 2014, the aggregate insurance premiums totaled 35.7 bln AMD, and the insurance indemnity amounted to 20 bln AMD. As a result, the insurance system suffered 9
Armenian insurance companies register 933mln AMD loss in 2013
 Thursday, February 20 2014, 19:20
ArmInfo. Armenia's insurance companies registered 933mln AMD loss in 2013 against 961mln AMD in 2012. ArmInfo's Ranking of Insurance Companies of Armenia, five of seven companies registered loss last year, with the biggest loss recorded by Garant Insurance 577.5mln AMD against 233mln AMD prof
In 2013 Armenia's insurance companies paid in compensation 30% more than in 2012
 Thursday, February 20 2014, 18:52
ArmInfo. In 2013 Armenia's insurance companies collected 35bln AMD in premiums (0.2% more than in 2012) and paid 20bln AMD in compensation (30% more than a year before). According to ArmInfo's Ranking of Insurance Companies of Armenia, Rosgosstrakh Armenia collected 10.4bln AMD (7.8% more tha
Assets of Armenian insurance companies up 23% for 2013
 Thursday, February 20 2014, 18:27
ArmInfo. In 2013 the aggregate assets of seven insurance companies of Armenia grew by 23% to 47.3bln AMD or $116.3mln. In Q4 2013 alone they grew by 2%. According to ArmInfo's Ranking of Insurance Companies of Armenia, INGO Armenia had the biggest assets in 2013 - 13.1bln AMD (30% growth in
In Q3 2013 Armenia's insurance companies paid in compensation almost as much as they collected in premiums
 Tuesday, November 12 2013, 15:17
ArmInfo. In Q3 2013 Armenia's insurance companies collected 5.5bln AMD in premiums (half of what they collected in Q2 2013) and paid over 5bln AMD in compensation (almost as much as a quarter before). According to ArmInfo's Ranking of Insurance Companies of Armenia, Rosgosstrakh Armenia colle
Insurance market of Armenia still operates at a loss
 Tuesday, November 12 2013, 14:05
ArmInfo. Insurance Market of Armenia suffered 191 million drams net loss for Q3 2013. According to the Insurance Ranking of ArmInfo, insurers completed the Q2 of 2013 with 472 million drams net loss. According to the Ranking, only 4 companies received net profits for the quarter under review.
In Q3 2013 assets of Armenia's insurance companies dropped by 7.5%
 Monday, November 11 2013, 19:05
ArmInfo. In Q3 2013 the assets of Armenia's insurance companies dropped by 7.5% to 46.2bln AMD or $114.1mln. According to the Ranking of the Insurance Companies of Armenia prepared by the Agency of Rating Marketing Information (ArmInfo), as compared with Q3 2012 the assets of the companies gr
Seven insurance companies among biggest taxpayers of Armenia
 Monday, October 28 2013, 20:40
ArmInfo. There were 7 insurance companies among the 1,000 biggest taxpayers of Armenia in Jan-Sept 2013. According to the State Income Committee of Armenia, Rosgosstrakh- Armenia was the 166th (528.2mln AMD paid in taxes including 516mln AMD in profit and income taxes), INGO Armenia was the
Profit of Armenian insurance companies down more than twofold because of big insurance payments
 Friday, August 30 2013, 17:26
Arminfo. According to the results of the first half of 2013, net profit of Armenian insurance companies reduced by 2,4 times. So, seven insurance companies of Armenia accumulated the loss 190 million drams for the first half of 2013. According to the Insurance Ranking prepared by Arminfo, at the
Armenian insurers are most active in retail insurance
 Thursday, July 25 2013, 19:48
ArmInfo. In Q1 2013 the share of retail insurance in the aggregate portfolio of the 7 Armenian insurance companies made up 65%, or 11.4 bln AMD. The Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo) says that the share of corporate insurance in the
Armenian insurance market capacity shrank by 0.3% to 27.2 mln USD in Q1 2013
 Wednesday, July 24 2013, 17:45
ArmInfo. In Q1 2013 the capacity of the Armenian insurance market shrank by 0.3% to 11.4 bln AMD ($27.2 mln). The Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo) says that in Q1 2013 Rosgosstrakh Armenia took the lead by the premiums collecte


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