Sun, 17 August
29.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Total Assets of Armenian Insurance Companies Grow By 4.17% In Q2

YEREVAN, September 2, /ARKA/. The total assets of Armenian insurance companies grew by 4.17% in the second quarter of 2010 (by 711.8 million Drams) to 17.8 billion Drams.

According to an ARKA analysis, Rosgosstrakh Armenia with 2.7 billion Drams worth assets was the leader in terms of assets size. Its assets rose by 12.4% in the second quarter or by 301.8 million Drams. The company accounted for 15.39% of insurance companies’ overall assets.

The second largest company, in terms of assets size, was Ingo Armenia with 2.5 billion Drams worth assets. Its assets grew by 7.38% in Q2 or by 172.1 million Drams to make 14.08% of all assets of insurance companies.

ISG was third with 2.2 billion Drams. It reported a 46.13% growth.

Cascade Insurance was forth with 1.9 billion Drams worth assets, which dropped by 7.07% or 144.8 million Drams. Rasco was fifth with 1.7 billion Drams worth assets, which fell by 6% or 108.9 million Drams.

On June 30 there were 10 insurance companies in Armenia with 9 branches. ($1 – 363.63 Drams). –0–

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

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

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

LATEST NEWS

spot_imgspot_imgspot_img