ArmInfo. Motor Third-Party Liability (MTPL) policies will be sold in all the STAR supermarkets (17) from now on. As STAR press service told ArmInfo, Star Divide CJSC came out as an insurance agent of "Rosgosstrakh-Armenia" insurance company, the biggest company of Russia, "Rosgosstrakh" compa

ArmInfo. Motor Third-Party Liability (MTPL) policies will be sold in all the STAR supermarkets (17) from now on. As STAR press service told ArmInfo, Star Divide CJSC came out as an insurance agent of "Rosgosstrakh-Armenia" insurance company, the biggest company of Russia, "Rosgosstrakh" compa

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. Average salary in the Armenian insurance system for Q1 2010 amounted to 206.000 drams or $514 (up 2% per year). Ranking of Armenian Insurance Companies prepared by Agency of Rating Marketing Information (ArmInfo) says INGO-Armenia was in the lead by the average salary in the amount o

ArmInfo. Total insurance premiums in the Armenian insurance market encompassing 10 companies for Q1 2010 amounted to 1.9bn drams or $4.7mn (up 56% versus Q1 2009). The share of corporate clients in total insurance premiums was 81% and the share of privates was 19%. Ranking of Armenian Insur

ArmInfo. Total shareholders' equity of the insurance market of Armenia encompassing 10 companies was up 16% for Q1 2010 to 12,2bn drams ($30.5mn). As compared to Q1 2010 this indicator grew over 70%. The share of statutory capital was 79% or 9.7bn drams ($24mn). Ranking of Armenian Insuranc

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. As of the end of Q1 2010, the volume of indemnities of Rosgosstrakh-Armenia grew over 7 times as compared with the same period of 2009 and amounted to 40 mln AMD. According to the company's official report, over Q1 2010 the company collected premiums worth 670 mln AMD, which is 5.6 time

ArmInfo. As of the end of Q1 2010, the volume of indemnities of Rosgosstrakh-Armenia grew over 7 times as compared with the same period of 2009 and amounted to 40 mln AMD. According to the company's official report, over Q1 2010 the company collected premiums worth 670 mln AMD, which is 5.6 time

ArmInfo. Competition in the segment of the first compulsory insurance line in Armenia - OSAGO car insurance, will be tough but monopolies are ruled out, Director of INGO ARMENIA Insurance Company Levon Altunyan told ArmInfo. OSAGO will be introduced in Armenia in 2011. The Parliament of Arme

ArmInfo. Competition in the segment of the first compulsory insurance line in Armenia - OSAGO car insurance, will be tough but monopolies are ruled out, Director of INGO ARMENIA Insurance Company Levon Altunyan told ArmInfo. OSAGO will be introduced in Armenia in 2011. The Parliament of Arme

ArmInfo. As of 31 December 2009 the aggregate size of the equity capital of 12 insurance companies of Armenia amounted to 12.4 bln drams ($33 mln), which is by 54% more than in 2008. The share of the authorized capital was 88% or 11 bln drams ($29 mln). According to the ranking of insurance

ArmInfo. Total assets of 12 insurance companies in Armenia were up 38% to 12 billion drams ($45 million) in 2009. Ranking of Armenian Insurance Companies prepared by Agency of Rating Marketing Information (ArmInfo) says the top three of leaders by the asset size were INGO-Armenia (2.1 bln drams)

ArmInfo. The crisis year 2009 proved successful for Armenian insurers. After the failure in Q4 2008 and Q1 2009, they managed to get out of the crisis and ensure certain growth of premiums in late 2009. In 2009 a new insurer with Russian capital “RESO” Insurance Company entered the market