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
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
Armenian insurance companies register 933mln AMD loss in 2013
 Thursday, February 20 2014, 19:20
ArmInfo. Armenia's insurance companies registered 933mln AMD loss in 2013 against 961mln AMD in 2012. ArmInfo's Ranking of Insurance Companies of Armenia, five of seven companies registered loss last year, with the biggest loss recorded by Garant Insurance 577.5mln AMD against 233mln AMD prof
In 2013 Armenia's insurance companies paid in compensation 30% more than in 2012
 Thursday, February 20 2014, 18:52
ArmInfo. In 2013 Armenia's insurance companies collected 35bln AMD in premiums (0.2% more than in 2012) and paid 20bln AMD in compensation (30% more than a year before). According to ArmInfo's Ranking of Insurance Companies of Armenia, Rosgosstrakh Armenia collected 10.4bln AMD (7.8% more tha
Assets of Armenian insurance companies up 23% for 2013
 Thursday, February 20 2014, 18:27
ArmInfo. In 2013 the aggregate assets of seven insurance companies of Armenia grew by 23% to 47.3bln AMD or $116.3mln. In Q4 2013 alone they grew by 2%. According to ArmInfo's Ranking of Insurance Companies of Armenia, INGO Armenia had the biggest assets in 2013 - 13.1bln AMD (30% growth in
In Q3 2013 Armenia's insurance companies paid in compensation almost as much as they collected in premiums
 Tuesday, November 12 2013, 15:17
ArmInfo. In Q3 2013 Armenia's insurance companies collected 5.5bln AMD in premiums (half of what they collected in Q2 2013) and paid over 5bln AMD in compensation (almost as much as a quarter before). According to ArmInfo's Ranking of Insurance Companies of Armenia, Rosgosstrakh Armenia colle
Insurance market of Armenia still operates at a loss
 Tuesday, November 12 2013, 14:05
ArmInfo. Insurance Market of Armenia suffered 191 million drams net loss for Q3 2013. According to the Insurance Ranking of ArmInfo, insurers completed the Q2 of 2013 with 472 million drams net loss. According to the Ranking, only 4 companies received net profits for the quarter under review.
In Q3 2013 assets of Armenia's insurance companies dropped by 7.5%
 Monday, November 11 2013, 19:05
ArmInfo. In Q3 2013 the assets of Armenia's insurance companies dropped by 7.5% to 46.2bln AMD or $114.1mln. According to the Ranking of the Insurance Companies of Armenia prepared by the Agency of Rating Marketing Information (ArmInfo), as compared with Q3 2012 the assets of the companies gr
Seven insurance companies among biggest taxpayers of Armenia
 Monday, October 28 2013, 20:40
ArmInfo. There were 7 insurance companies among the 1,000 biggest taxpayers of Armenia in Jan-Sept 2013. According to the State Income Committee of Armenia, Rosgosstrakh- Armenia was the 166th (528.2mln AMD paid in taxes including 516mln AMD in profit and income taxes), INGO Armenia was the
Profit of Armenian insurance companies down more than twofold because of big insurance payments
 Friday, August 30 2013, 17:26
Arminfo. According to the results of the first half of 2013, net profit of Armenian insurance companies reduced by 2,4 times. So, seven insurance companies of Armenia accumulated the loss 190 million drams for the first half of 2013. According to the Insurance Ranking prepared by Arminfo, at the
Armenia's insurance companies register tenfold growth in their health insurance compensation
 Friday, July 26 2013, 18:23
ArmInfo. In Jan-Mar 2013 as compared with Jan-Mar 2012 Armenia's insurance companies registered a tenfold growth in their health insurance compensation to 1.6bln AMD or 33% of all of their insurance payouts. Rosgosstrakh Armenia paid the most (604.6mln AMD), Sil Insurance the least (3mln AMD)
Armenian insurers are most active in retail insurance
 Thursday, July 25 2013, 19:48
ArmInfo. In Q1 2013 the share of retail insurance in the aggregate portfolio of the 7 Armenian insurance companies made up 65%, or 11.4 bln AMD. The Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo) says that the share of corporate insurance in the
Average monthly salary in insurance companies of Armenia up 12%
 Thursday, July 25 2013, 19:48
ArmInfo. In Q1 2013 the average monthly salary of 1 employee of the Armenian insurance system was 315.7 thsd AMD ($754), 12% more than in Q1 2012. The Ranking of the Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo) says that the personnel of the Armenian ins
Insurance contracts dropped in number by 22% in Q1 2013
 Thursday, July 25 2013, 17:59
ArmInfo. In Q1 2013 the insurance companies of Armenia signed a total of 289466 contracts (down 22% versus Q1 2012). The Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo) says that the number of the contracts signed in the segment of accident
Armenian insurance market capacity shrank by 0.3% to 27.2 mln USD in Q1 2013
 Wednesday, July 24 2013, 17:45
ArmInfo. In Q1 2013 the capacity of the Armenian insurance market shrank by 0.3% to 11.4 bln AMD ($27.2 mln). The Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo) says that in Q1 2013 Rosgosstrakh Armenia took the lead by the premiums collecte
Armenian insurance market's net profit tripled by late Q1 2013
 Wednesday, July 24 2013, 17:00
ArmInfo. In Q1 2013 the aggregate net profit of 7 insurance companies of Armenia totaled 340.8 mln AMD ($814.1 thsd) against the 648.5 mln AMD loss in Q1 2012. The Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo), 5 out of 7 insurance companies
Assets of insurance companies grow by more than one third up to 43.2 bln drams
 Thursday, May 23 2013, 17:07
Arminfo. By 1 April 2013 the aggregate assets of Armenian insurance companies amounted to 43.2 bln drams ($103.1 mln), by 33,7% more versus 1 April 2012. According to the Ranking of the insurance companies prepared by Arminfo, the assets of the insurance companies grew by 12,7% for the 1Q 2013.
In Q1 2013 Armenian insurance companies registered 340.7mln AMD profit against 650mln AMD loss in Q1 2012
 Thursday, May 23 2013, 17:06
ArmInfo. In Q1 2013 Armenia's insurance companies registered 340.7mln AMD net profit against 650mln AMD loss in Q1 2012. According to ArmInfo's Ranking of Insurance Companies of Armenia, Nairi Insurance had the biggest profit – 130mln AMD (against 83.4mln AMD loss in Q1 2012). The second wa
In 2012 Armenia's insurance companies paid over 1.5bln AMD in taxes
 Friday, February 1 2013, 19:51
ArmInfo. There are seven insurance companies among the 1000 biggest taxpayers for 2012. Rosgosstrakh has the highest rank, the 246th, with 375.1mln AMD paid. The State Income Committee of Armenia reports that INGO Armenia is the 250th with 372mln AMD paid, Nairi Insurance is the 342nd with


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