Wednesday, August 8 2018, 13:11
ArmInfo. The share of retail insurance in the portfolios of premiums of Armenian insurers for the first half of 2018 was 44.7% (9.8 billion drams), corporate insurance - 55.3% (12.2 billion drams). At the same time, year-over-year growth of retail insurance accelerated from 2.7% to 6%, while the acceleration rate of corporate insurance growth increased sharply from 8.5% to 58.2%. Before the introduction of CMTPL in Armenia, as well as obligatory individual health insurance of state employees, the share of corporate insurance significantly prevailed over retail one. |
Wednesday, August 8 2018, 11:07
ArmInfo. The total net profit of Armenian insurance companies in the first half of 2018 fell by 65.1% per annum (against the decline of 51.6% a year earlier), amounting to 443.2 million drams or $ 919 thousand. According to the Ranking of Armenian insurance companies prepared by ArmInfo News Agency, the deterioration of the annual dynamics is due to higher growth rates of insurance claims, rather than premiums. |
Wednesday, August 1 2018, 18:58
ArmInfo. The insurance sector of Armenia paid taxes for 1.1 billion drams in the first half of 2018, which is lower by 26.7% than a year ago. Of this amount, 995.5 million drams fell on direct taxes (including income tax and income tax), which is 28.9% higher than last year's figure. According to the RA State Revenue Committee, in the list of 1000 largest taxpayers in Armenia, according to the results of the first half of 2018, all 6 insurance companies operating on the market were included. |
Monday, May 14 2018, 16:35
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In Armenia, insurance premiums went up on April 1, 2018, and payments slowed down the pace of ascent
Monday, May 14 2018, 15:12
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Monday, May 14 2018, 13:58
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Friday, March 30 2018, 19:10
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Friday, March 30 2018, 15:45
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Wednesday, March 28 2018, 14:47
ArmInfo. IC INGO Armenia received from the world-famous PECB company a certificate of compliance of quality management with the requirements of international standards - ISO 9001: 2015. As ArmInfo explained to the press service of the UK, this certificate attests to the client-oriented nature of the company, the consistent provision of services that meet legislative and regulatory requirements, and regularly improves the quality of service and products offered. |
Friday, February 9 2018, 20:42
ArmInfo. The insurance sector of Armenia paid 2.652 billion AMD in taxes in 2017, which is 26.8% more than a year ago. Of this amount, over 91.4% or 2.425 billion AMD was paid under direct taxes (including income tax and income tax). According to the RA State Revenue Committee, in the list of 1000 largest taxpayers of Armenia, in the result of 2017, all 6 insurance companies operating on the market were included. |
Friday, February 9 2018, 18:15
ArmInfo. The volume of premiums for health insurance in Armenia increased by 28.1% in 2010 to 7.1 billion drams ($ 14.7 million), and compensation - by 17.8% to 4.03 billion drams ($ 8.3 million). According to the Analytical Ranking of Insurance Companies of Armenia prepared by IC ArmInfo, compared with the previous year, the growth rates of the medical insurance market have significantly increased due to the introduction of the first phase of compulsory medical insurance (OMC) for civil servants since October 2017. |
Thursday, February 8 2018, 17:12
ArmInfo. The share of retail insurance in the portfolios of premiums of Armenian insurers amounted to 56.1% (19.6 billion AMD), corporate - 43.9% (15.3 billion) in 2017. At the same time, the capacity of the retail insurance market accelerated the upward trend to 4.5% from 0.2% in 2016, and, at the same time, corporate insurance growth slowed to 8.5% from 12.1% in 2016. Before the introduction of OSAGO in Armenia, as well as compulsory individual health insurance of state employees, the share of corporate insurance significantly prevailed over retail. |
Thursday, February 8 2018, 13:48
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Thursday, February 8 2018, 09:25
ArmInfo. The total net profit of insurance companies of Armenia in 2017 dropped by 58% (against growth by 34% in 2016), making 1.6 billion drams or $ 3.3 million. According to the Ranking of Armenian insurance companies prepared by IC ArmInfo, the deterioration in the annual dynamics is due to a sharp change in the dynamics of insurance claims from 13.7% decline to 30.4% growth with a low rising rate of insurance premiums - 5.7% against 6.8% a year earlier. |
Wednesday, February 7 2018, 14:52
ArmInfo. The premiums of Armenian insurance companies for the year 2017 slowed the growth rate to 5.7% from 6.8% in 2016, against which the refinancing improved the dynamics with the exit from the 13.7% decline by 30.4% growth. By January 1, 2018, the total volume of insurance premiums amounted to 34.1 billion AMD, and the amount of insurance indemnities - 18.6 billion AMD (figures are given from the reports of the IC by IFRS standards). |
Wednesday, January 24 2018, 14:03
ArmInfo. The best partners of Finimbudman of Armenia in 2017 were the insurance company "Nairi Insurance" and Unibank. As Piruz Sargsyan, the head of the office of the Finumbudsman of Armenia, stated at a press conference on January 24, these financial organizations distinguished themselves by the quality of cooperation and the number of cases resolved by conciliation of the parties. |
Friday, November 10 2017, 10:14
ArmInfo. The Armenian insurance sector paid 2.1 billion AMD or 4.4 million AMD for January-September 2017, exceeding the figure of 31.3% a year ago. Of this amount, 1.9 billion AMD fell on direct taxes (including income tax and income tax), which is 26.7% higher than last year's figure. According to the RA State Revenue Committee, in the list of 1000 largest taxpayers of Armenia, according to the results of 9 months of 2017, all 6 insurance companies operating on the market were included. |
Tuesday, November 7 2017, 14:37
ArmInfo. The volume of accrued insurance premiums for compulsory motor third party liability insurance amounted to 13.9 billion AMD in the first 9 months of 2017, an increase of 4.6% over the year, versus growth of 1.7% a year ago. At the same time, the volume of insurance claims paid was 8.2 bln AMD, with a sharp output of the annual dynamics from a 1.6% decline to a 34.4% increase. This is evidenced by monthly reports published by the Bureau of Motor Insurers of Armenia on OSAGO. |
Friday, November 3 2017, 18:23
ArmInfo. The share of retail insurance in the portfolios of premiums of Armenian insurers for the 9 months of 2017 amounted to 57.1% (14.02 billion drams), corporate - 42.9% (10.5 billion drams). At the same time, the capacity of the retail insurance market improved the annual trend from minus 0.2% to plus 3.5%, along with the rate of growth of corporate insurance accelerated from 0.9% to 4.2%. Before the introduction of OSAGO in Armenia, as well as compulsory individual health insurance of state employees, the share of corporate insurance significantly prevailed over retail. |
Friday, November 3 2017, 16:20
ArmInfo. Armenian insurance companies refunded 11.98 billion drams for the 9 months of 2017 or $ 25.1 million for the various classes (figures are presented from the reports of the portfolios of the CB according to the standards of the Central Bank of Armenia). On an annual basis, insurers' reimbursements increased by 19.3%, against growth of 4.8% a year earlier. At the same time, the Armenian insurance premiums recorded an annual growth of 3.8% - up to 24.6 billion AMD or $ 51.3 million, against growth of 0.3% a year earlier. According to the Ranking of Insurance Companies of Armenia, prepared by IA ArmInfo, five companies provided annual growth of payments, the largest in RESO insurance companies - by 61.8% and Nairi Insurance - by 52.4%, and the only annual decline was fixed from Rosgosstrakh Armenia Insurance Company - by 0.6%. |