Wed, 22 October
10.1 C
Yerevan
USD: 382.53 RUB: 4.71 EUR: 444.42 GEL: 141.18 GBP: 511.94

Aggregate liabilities of Armenian insurance companies grow 1.1%

YEREVAN, December 11. /ARKA/. Aggregate liabilities of insurance companies in Armenia has grown 1.1% or by AMD 46.4 million over nine months of 2009 reaching AMD 4.3 billion by late September.

ARKA News Agency’s analysis shows that ISG, who enlarged its liabilities 69.8% in Jan-Sept 2009 to AMD 1.05 billion, became the leader among Armenia’s insurance companies in Jan-Sept 2009.

This company’s share in aggregate liabilities of Armenian insurance companies is 24.3%.

London-Yerevan Co, with its 655.9 million (15.2%) was placed second in ARKA News Agency’s ranking.

Ingo Armenia, whose liabilities amounted to AMD 615.9 million (14.3%) came third in the ranking.

Nairi Insurance (AMD 426.9 million and 9.9%) and Rosgosstrakh (AMD 389.3 million and 9%) follow Ingo Armenia.

About 72.7% of all liabilities of insurance companies are concentrated at these five leaders.

Twelve insurance companies with their nine branches operate in Armenia. ($1 = AMD 383.9).  –0—

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img