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. Almost 300,000 car owners in Armenia have already bought motor third party liability insurance policies. During a press-conference today CEO of Nairi Insurance IC Gor Khachatryan said that his company has concluded 31,000 contracts. Since Jan 1 2011, when the law on motor third part

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 introduction of the motor third party liability insurance in Armenia on Jan 1 2011 the local insurance companies have registered 567 road accidents, Executive Director of the Bureau of Auto Insurers of Armenia Vahan Avetisyan said in an interview to ArmInfo. He said that

ArmInfo. The Law On the Motor Third Party Liability Insurance in Nagorny Karabakh Republic may come into power with some delay, ArmInfo correspondent to Stepanbakert reported quoting the Prime Minister of NKR Ara Haroutiunyan. Relevant negotiations are currently held with the Central Bank of A

ArmInfo. The Central Bank of Armenia has registered criteria for determining admissible amounts of the principal and basic insurance premium and risk factors for motor third party liability insurance (MTPL). The criteria were approved by the Bureau of Motor Insurers of Armenia a few days ago.

ArmInfo. Aug 3 the Board of the Central Bank of Armenia granted the RASCO insurance company the status of member of the Bureau of Motor Insurers of Armenia. The press service of the CB reports that the membership fee is 15mln AMD with additional 10mln AMD paid for current expenses. Jan 1 201

ArmInfo. Aug 3 the Board of the Central Bank of Armenia granted the RASCO insurance company the status of member of the Bureau of Motor Insurers of Armenia. The press service of the CB reports that the membership fee is 15mln AMD with additional 10mln AMD paid for current expenses. Jan 1 201

ArmInfo. At July 28 sitting the Board of the Central Bank of Armenia (CBA) provided the status of a member of the union of legal entities of the Motor Insurers Bureau of Armenia self-regulating organization to the following insurance companies: INGO ARMENIA, Nairi Insurance, Sil Insurance, Rosg

ArmInfo. The growth in the threshold of banking deposit insurance envisages settlement of regulatory problems in the banking sector, particularly, the maximal threshold should be in compliance with the economic development of the country and revenues of the population, Deputy Chairman of the Ce

ArmInfo. Converse Bank cardholders will receive medical insurance from now and on, Converse Bank press-service told ArmInfo. The bank will provide voluntary medical insurance policies free on charge to its customers holding Visa, Visa Platinum, and MasterCard Gold when leaving for abroad. Co

ArmInfo. Converse Bank cardholders will receive medical insurance from now and on, Converse Bank press-service told ArmInfo. The bank will provide voluntary medical insurance policies free on charge to its customers holding Visa, Visa Platinum, and MasterCard Gold when leaving for abroad. Co

ArmInfo. Total net profits of the Armenian insurance market for Q1 2010 amounted to 713mn drams or $1.95mn, which is 12% lower than a year ago. RESO Insurance closed the quarter at 18mn drams. Inclusive of RESO Company, total net profits of the remaining 9 companies amounted to 731mn drams. R

ArmInfo. Aggregate assets of the insurance market encompassing 10 companies grew 14.6% for Q1 2010 to 16.7bn drams ($42mn). Ranking of Armenian Insurance Companies prepared by the Agency of Rating Marketing Information (ArmInfo) says assets of Rosgosstrakh-Armenia and INGO- Armenia insurance co

ArmInfo. According to the published financial reports, Nairi Insurance IC gathered premiums to almost 180 mln drams in 1Q, 2010 and assured 33% growth of the indicator per year. The Company's payments level over the reporting quarter reduced by 28% to 34 mln drams. IC assets as of late 1

ArmInfo. According to the published financial reports, Nairi Insurance IC gathered premiums to almost 180 mln drams in 1Q, 2010 and assured 33% growth of the indicator per year. The Company's payments level over the reporting quarter reduced by 28% to 34 mln drams. IC assets as of late 1

ArmInfo. Total net profit of 12 Armenian insurance companies for 2009 amounted to 967 mln drams or $2.6 mln, which was 33% more than in 2008. Alfa-Insurance, ISG and RESO companies suffered 829 million drams total loss for 2009, whereas total profit of the remaining 9 insurance companies exceede