Rosgosstrakh -Armenia controls 27 percent of insurance market

YEREVAN, February 1. /ARKA/. Rosgosstrakh-Armenia insurance company controls 24-27% of the insurance market in Armenia, the company’s executive director Gagik Grigoryan said at a news conference today at Novosti international press center. He said the company is also leading in terms of car insurances sold to local motorists controlling 33-35% of this market. He added that all numbers are not final yet.

Rafael Minasbekian, vice-president of the Russian ROSGOSSTRAKH insurance company, the parent company of Rosgosstrakh-Armenia, said Rosgosstrakh Armenia is the leading insurance company in Armenia.

‘This is a very good result. For us, this is a strategic goal,’ he said, adding that Rosgosstrakh Armenia has achieved this goal in a fairly short time.

“Technology, investments, network, advertising and marketing are all very important, but nothing could be done if there is no a coordinated team. Rosgosstrakh Armenia is a team assembled to win, and it is already becoming a team of winners, ‘ he said.

According to him, the company has collected a total of 6.54 billion drams in various premiums and is 25% ahead of the second coming company.  Rosgosstrakh Armenia was established in May 2008 as a subsidiary of Russian ROSGOSSTRAKH. -0-

spot_img

POPULAR

Armenia’s public debt-to-GDP ratio in 2027 may exceed the expected 2026 figure by 0.7 percentage points

Armenia's public debt-to-GDP ratio in 2027 is projected to be 47.2%, which is 0.7 percentage points higher than the expected 2026 figure, according to Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenia’s fiscal policy in 2027 will restrain aggregate demand: Central Bank Governor

Armenia's fiscal policy in 2027, if economic growth remains slightly above the long-term sustainable level, will have a certain restraining effect on aggregate demand, stated Central Bank Governor Martin Galstyan, presenting the regulator's conclusion on next year's draft state budget to parliament.

Board of the Central Bank of Armenia raised the monetary policy rate for the second time in a row, to 7%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points, from 6.75% to 7%.

4.3% Inflation Recorded in Armenia in October  

Twelve-month inflation in Armenia's consumer market in October of this year was 4.3%, according to a report from the Statistical Committee of Armenia.

Nearly $2 billion in new biodiversity funding announced at COP17 in Yerevan — UN

At the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17), which concluded in Yerevan, nearly $2 billion in new funding for biodiversity conservation was announced, according to a final press release from the Convention Secretariat published on October 31.

LATEST NEWS

spot_imgspot_imgspot_img