Arminfo Nairi Insurance

Wages in Armenian insurance system drop 2.8% over year, with number of employees falling 4.2% Thursday, March 19 2015, 20:59 ArmInfo. At the yearend of 2014, the average monthly salary in the Armenian insurance system made up 273.5 thsd AMD ($576) per employee, 2.8% less than in 2013. The number of employees dropped by 4.2% to 1,149. According to the Ranking of Insurance Companies of Armenia by the Agency of Rating
Net profits of Armenian insurance companies for 2014 totals 2.2026 bln drams Friday, March 13 2015, 20:22 ArmInfo. Net profits of the Armenian insurance companies for 2014 totaled 2.026 bln drams versus 705.6 mln drams in 2013. In Q4 2014, this indicator totaled 1.316 mln drams with a 99.8% decline versus Q3. According to the Ranking of Armenian Insurance Companies prepared by ArmInfo News Agenc
Accumulated profits of Armenian insurance companies up 5.5-fold for 2014 Friday, March 13 2015, 19:34 ArmInfo. The accumulated profits of the Armenian insurance companies totaled 1.834bln drams in 2014 versus 331.8 bln drams in 2013, with a 5.5-fold growth year over year. The accumulated profits of the Armenian insurance companies for Q4 2015 fell 5.5%. According to the Ranking of the Armenian
Armenian Insurance Companies Reduced Their Assets by 7.5% in 2014 Friday, March 13 2015, 17:43 ArmInfo. As of January 2015 the total assets of the Armenian insurance companies (IC) reduced by 7.5% and made 40.6 billion AMD. In Q3 2014 the assets reduced by 3.8%. According to "ArmInfo" News Agency's ranking of the Armenian ICs, three of six insurance companies had an annual decrease of
Two banks and two insurance companies recognized as best partners of Armenia's Financial Ombudsman for 2014 Monday, January 26 2015, 18:31 ArmInfo. Financial Ombudsman of Armenia has named its the best partner banks and insurance companies of 2014: Ardshinbank CJSC, VTB Bank (Armenia) CJSC, INGO Armenia ICJSC, and Nairi Insurance ILLC. According to the Financial Ombudsman's press office, these companies were selected basing on
In Jan-Sept 2014 average salary in Armenia Thursday, December 25 2014, 10:10 ArmInfo. In Jan-Sept 2014 the average monthly salary in Armenia's insurance companies dropped by 6.4 to 254,700 AMD or 625. According to ArmInfo's Ranking of Insurance Companies of Armenia, Sil Insurance raises its average salary by 25.8 to 181,700 AMD but cut its staff by 3.4 to 201 employees.
Insurance companies of Armenia report 6.1% increase in policies for Q3 2014 Wednesday, December 24 2014, 20:54 ArmInfo. Armenian insurance companies provided 244,201 policies for Q3 2014, showing a 6.1% increase versus the same period of 2013. The number of valid insurance policies grew 1.6% to 628,202 as of 1 October 2014. According to the Ranking of Armenia's Insurance Companies prepared by ArmInfo
In Jan-Sept 2014 compensation of Armenian insurance companies grew by 36.9% Wednesday, December 24 2014, 19:38 ArmInfo. In Jan-Sept 2014 the aggregate compensation of Armenia's insurance companies grew by 36.9% to 18bln AMD. The premiums during the same period dropped by 16% to 22.8bln AMD. According to ArmInfo's Ranking of Insurance Companies of Armenia, three companies registered growth in compe
In Jan-Sept 2014 premiums of Armenian insurance companies dropped by 16% Wednesday, December 24 2014, 19:09 ArmInfo. In Jan-Sept 2014 the premiums of Armenia's insurance companies dropped by 16% to 22.8bln AMD, while their compensation grew by 36.9% to 18bln AMD. As a result, in Jan-Sept 2014 the companies registered 2.3bln AMD net profit against 339.7mln loss a year before. According to ArmIn
In Jan-Sept 2014 net profit of Armenian insurance companies made up 2.3bln AMD Wednesday, December 24 2014, 19:08 ArmInfo. In Jan-Sept 2014 the net profit of Armenia's insurance companies made up 2.3bln AMD against 339.7mln loss in Jan-Sept 2013. According to ArmInfo's Ranking of Insurance Companies of Armenia, in Q3 2014 the index made up 724.4mln AMD (42.5 growth as compared with Q3 2013).
Accumulated surplus of Armenian insurance companies up 52 for 3Q 2014 Wednesday, December 24 2014, 17:16 Arminfo. The accumulated surplus of Armenian insurance companies (including the insurance company "Garant Insurance") grew by 52 for the 3Q 2014 and by 1 October amounted to more than 2 billion AMD. According to the Ranking of the insurance companies prepared by Arminfo, the accumulated surplus of the insurance companies grew almost twofold.
Armenian insurance companies increase assets by 2,5% for 3Q Tuesday, December 23 2014, 18:30 Arminfo. The aggregate assets of insurance companies of Armenia (including the insurance company "Garant Insurance") amounted to 44,1 billion AMD by 1 October 2014, by 2,5% more for the 3Q. The big actors of the market provided the quarter growth of the given indicator: the insurance company "R
Average salary in insurance sector of Armenia down 2% in 2014 Thursday, August 14 2014, 12:50 ArmInfo. Average salary in the insurance system of Armenia totaled 277,000 drams ($680) for the first half of 2014, suffering a 2% decline year over year. According to the Ranking of Armenian Insurance Companies prepared by ArmInfo, 3 out of 6 companies increased the salaries of their employees:
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
In Q2 2014 accumulated profit of Armenia's insurance companies dropped by 7.5% Tuesday, August 12 2014, 19:26 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
In Q2 2014 assets of Armenia's insurance banks dropped by 3% Tuesday, August 12 2014, 16:46 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
In Q1 2014 average monthly salary of an insurance company employee in Armenia dropped by 12.8% Monday, June 16 2014, 15:14 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
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

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