ArmInfo. In Q2 2014 the accumulated profit of Armenia's insurance companies dropped by 7.5% to 1.3bln AMD. As compared with Q2 2013 it grew by 45.2%. According to ArmInfo's Ranking of Insurance Companies of Armenia, the quarterly drop was due to a 46% drop in premiums to 5.5bl AMD and 79% gr

ArmInfo. In Q2 2014 the assets of Armenia's insurance banks dropped by 3% to 43.1bln AMD. As compared with Q2 2013 the assets dropped by 14%. According to ArmInfo's Ranking of Insurance Companies of Armenia, six of the seven Armenian insurance companies recorded a drop in assets, except for R

ArmInfo. The Converse Bank has prepares pleasant summer surprises for Woman's Card holders. The press service of Converse Bank reports that by obtaining MasterCard Standard Woman's Card till Oct 30 2014 the bank's subscribers will enjoy an easier procedure for getting credit lines worth up t

ArmInfo. In Q1 2014 as compared with Q1 2013 the average monthly salary of an insurance company employee in Armenia dropped by 12.8% to 287,600 AMD or $696. According to ArmInfo's Ranking of Insurance Companies of Armenia, 3 of 6 Armenian insurance companies raised their wages: Sil Insurance

ArmInfo. Armenian insurance companies (except Garant Insurance Company that is undergoing a merger with Rosgosstrakh Armenia Company) paid a total of 5.5 bln drams insurance indemnities for Q1 2014 (according to balance sheets of insurance companies based on Armenian CB standards). MTPL indemnit

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

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

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

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

ArmInfo. The Converse Bank has prepares pleasant summer surprises for Woman's Card holders. The press service of Converse Bank reports that by obtaining MasterCard Standard Woman's Card till Oct 30 2014 the bank's subscribers will enjoy an easier procedure for getting credit lines worth up t

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

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

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

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

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

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

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

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

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

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