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

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.34 points on September 4, 2026, compared to September 3, to 363.85 drams.

IMF identifies barriers to attracting private investment in climate projects in Armenia – report

Significant gaps in climate risk management, ESG competencies, information disclosure, and climate data continue to limit private sector investment in Armenia, according to the International Monetary Fund's "Armenia: Climate Policy Diagnostic - July 2026" report, published on September 3, 2026.

“Anomaly in the Armenian market: Some bank bonds are trading at a yield lower than sovereign Eurobonds — KK Partners

The authors of the study "Free Lunch in Yerevan: An Arbitrage Anomaly in the Armenian Bond Market" draw attention to the unusual ratio of bank and sovereign bond yields for the debt market.

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

EDB forecasts inflation in Armenia at 4.4% by the end of 2026

Inflation in Armenia will reach 4.4% year-on-year by the end of 2026, according to the Eurasian Development Bank (EDB).

LATEST NEWS

spot_imgspot_imgspot_img