Armenian insurers reduced premiums by 8.8% and payouts by 40.9% over year
 Friday, May 22 2015, 17:49

The premiums of the Armenian insurance companies dropped by 8.8% over year amid 40.9% decline in payouts.

 Thursday, May 21 2015, 18:31
"Sil Insurance" Company Replenishing its Authorized Capital by 500 mln AMD
 Wednesday, May 20 2015, 18:02

"Sil Insurance" company has replenished its authorized capital by 500 mln AMD. The company's press-office has informed ArmInfo the decision was taken during the special meeting of the shareholders.  

Armenian insurance companies assets down 5.3% over year
 Wednesday, May 20 2015, 10:18
By 1 April 2015, the aggregate assets of Armenian insurance companies amounted to 40.1 bln AMD (down 5.3% versus Q1 2014). As compared to Q4 2014, the insurers' assets grew by 0.8%.  According to the Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information
Armenian Insurance Companies Reducing Tax Payments by 27.7%
 Tuesday, May 5 2015, 09:24

At Q1-end of 2015 the Armenian insurance companies have paid 457.4 million AMD taxes (including 437.7 million AMD income and profits taxes), which is by 27.7% less than a year ago.

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
 Thursday, March 19 2015, 20:24
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
In Jan-Sept 2014 average salary in Armenia
 Thursday, December 25 2014, 10:10


ArmInfo. In Jan-Sept 2014 the average monthly salary in Armenia's insurance companies dropped by 6.4 to 254,700 AMD or 625. According to ArmInfo's Ranking of Insurance Companies of Armenia, Sil Insurance raises its average salary by 25.8 to 181,700 AMD but cut its staff by 3.4 to 201 employees.

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
In Jan-Sept 2014 net profit of Armenian insurance companies made up 2.3bln AMD
 Wednesday, December 24 2014, 19:08


ArmInfo. In Jan-Sept 2014 the net profit of Armenia's insurance companies made up 2.3bln AMD against 339.7mln loss in Jan-Sept 2013. According to ArmInfo's Ranking of Insurance Companies of Armenia, in Q3 2014 the index made up 724.4mln AMD (42.5 growth as compared with Q3 2013).

Accumulated surplus of Armenian insurance companies up 52 for 3Q 2014
 Wednesday, December 24 2014, 17:16


Arminfo. The accumulated surplus of Armenian insurance companies (including the insurance company "Garant Insurance") grew by 52 for the 3Q 2014 and by 1 October amounted to more than 2 billion AMD. According to the Ranking of the insurance companies prepared by Arminfo, the accumulated surplus of the insurance companies grew almost twofold.

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


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