In Q2 2014 Armenia's insurance companies concluded 230,125 contracts
 Thursday, August 14 2014, 12:50
ArmInfo. In Q2 2014 Armenia's insurance companies concluded 230,125 contracts (30.4% less than in Q1 2014). As a result, on July 1 2014 they had a total of 618,294 ongoing contracts. According to ArmInfo's Ranking of Insurance Companies of Armenia, as many as 44,101 contracts concerned accide
Four Armenian insurance companies register growth in compensation
 Wednesday, August 13 2014, 18:26
ArmInfo. In Jan-June 2014 as compared with Jan-June 2013 Armenia's insurance companies registered a 64% growth in compensation. According to ArmInfo's Ranking of Insurance Companies of Armenia, four companies registered a growth in compensation: Rosgosstrakh Armenia (twice), Nairi Insurance
Armenia's insurance companies register a 28% cut in premiums and 64% growth in compensation
 Wednesday, August 13 2014, 17:56
ArmInfo. In Jan-June 2014 as compared with Jan-June 2013 Armenia's insurance companies registered a 28% cut in premiums to 15.4bln AMD and a 64% growth in compensation to 14bln AMD. As a result, on June 1 2014 they recorded a 2bln AMD net profit against a 190mln AMD loss on June 1 2013. Acco
RESO Insurance Company compensates for damage under hull insurance in 90.9% of cases
 Monday, July 21 2014, 19:59
ArmInfo. From January 1 to the present day, RESO Insurance Company accepted 287 applications for compensation under hull insurance. The company took a positive decision on 261 applications or in 90.9% of the cases. Furthermore, the insurer paid out up to 9 million AMD on twenty applications subm
RESO Insurance Company compensates for hailstorm-caused damage
 Friday, July 18 2014, 19:06
ArmInfo. RESO Insurance Company has compensated for the damage caused to 6 customers' cars by the heavy hailstorm and rain in Vanadzor. The press service of the company has told ArmInfo that especially the residents of Vanadzor suffered from the heavy hailstorm and rain on July 7. Not only cars
Converse Bank prepares pleasant summer surprises for Woman's Card holders
 Friday, June 13 2014, 17:35
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
Nairi Insurance Company leader by insurance indemnities in Armenia
 Monday, June 16 2014, 10:04
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
Insurance companies of Armenia increase number of policies by 34.6% for Q1 2014
 Monday, June 16 2014, 10:04
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
Armenian insurance companies reduced premiums by 4.1% and increased payouts by 24.2% over year
 Friday, June 13 2014, 20:48
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
Converse Bank prepares pleasant summer surprises for Woman's Card holders
 Friday, June 13 2014, 17:35
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
Sil Insurance: Motor own damage insurance should become a more popular product
 Thursday, April 17 2014, 17:31
ArmInfo. Motor own damage insurance should become a bulk product, Hayk Baghramyan, CEO at Sil Insurance, has told ArmInfo's correspondent. He says that the introduction of the motor third party liability insurance in the country has not considerably increased the voluntary motor insurance despit
Sil Insurance: Motor own damage insurance should become a more popular product
 Thursday, April 17 2014, 17:31
ArmInfo. Motor own damage insurance should become a bulk product, Hayk Baghramyan, CEO at Sil Insurance, has told ArmInfo's correspondent. He says that the introduction of the motor third party liability insurance in the country has not considerably increased the voluntary motor insurance despit
In 2013 Sil Insurance became most dynamically developing company in Armenia in terms of insurance premiums
 Thursday, April 17 2014, 17:30
ArmInfo. In 2013 Sil Insurance became the most dynamically developing company in Armenia in terms of insurance premiums. According to the Ranking of Insurance Companies of Armenia prepared by the Agency of Rating Marketing Information (ArmInfo), in 2013 Sil Insurance increased its portfolio by a
In 2011-2013 contributions of Armenia's insurance companies grew by 2.4 times
 Thursday, March 13 2014, 19:07
ArmInfo. In 2011-2013 the contributions of Armenia's insurance companies grew by 2.4 times to 19.7bln AMD, while the premiums grew by 60%. In 2013 alone the contributions grew by 36%. Before the adoption of obligatory motor insurance, the contributions averaged 2bln AMD a year. According to t
Voluntary motor insurance in Armenia loses its growth rates
 Thursday, March 13 2014, 18:50
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
Aggregate insurance portfolio in Armenia underwent almost no changes over year, with indemnity growing by 36%
 Thursday, March 13 2014, 16:25
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
RESO and Unibank launch U-Casco 0% program
 Thursday, February 13 2014, 16:26
ArmInfo. RESO and Unibank have launched a U-Casco 0% program - an opportunity for car owners to get a one-year automobile insurance policy at 0%. "From now on our potential customers will be able to pay for a Casco policy in equal parts within 12 months," says RESO's Marketing and PR Service.
RESO and Unibank launch U-Casco 0% program
 Thursday, February 13 2014, 16:26
ArmInfo. RESO and Unibank have launched a U-Casco 0% program - an opportunity for car owners to get a one-year automobile insurance policy at 0%. "From now on our potential customers will be able to pay for a Casco policy in equal parts within 12 months," says RESO's Marketing and PR Service.
RESO and Unibank launch U-Casco 0% program
 Thursday, February 13 2014, 16:26
ArmInfo. RESO and Unibank have launched a U-Casco 0% program - an opportunity for car owners to get a one-year automobile insurance policy at 0%. "From now on our potential customers will be able to pay for a Casco policy in equal parts within 12 months," says RESO's Marketing and PR Service.
RESO and Unibank launch U-Casco 0% program
 Thursday, February 13 2014, 16:26
ArmInfo. RESO and Unibank have launched a U-Casco 0% program - an opportunity for car owners to get a one-year automobile insurance policy at 0%. "From now on our potential customers will be able to pay for a Casco policy in equal parts within 12 months," says RESO's Marketing and PR Service.


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