YEREVAN, September 5. /АРКА/. Armenian insurance companies’ aggregate assets reached AMD 39.2 billion by late June after growing 9.8% over the second quarter, the Central Bank of Armenia reports.
Deposits in banks constituted the major part of the insurance companies’ assets – 33.8%, the insurance premiums received from direct insurance activity accounted for 15.9% – the second biggest share in the total assets in the second quarter, other sums on insurance made up 10% of the companies’ aggregate assets and investments in securities 4.4%.
Armenian insurance market’s liabilities grew 17.3% to AMD 25.9 billion, of which 62.3% are reserves of unearned premiums.
Seven insurance companies functioned in Armenia in late June. ($1 – AMD 409.19). -0–
