Fri, 20 February
2.1 C
Yerevan
USD: 376.94 RUB: 4.92 EUR: 444.34 GEL: 140.85 GBP: 508.34

Armenia’s insurance companies hit AMD 525,6 mln in net revenue

YEREVAN, September 12. /ARKA/. Armenia’s insurance companies earned over 525.6 million drams in the first half of 2012 against 1.8 billion drams from last year’s analogical period in net revenue.

According to the data, six out of seven insurance companies in Armenia had revenues in the first quarter of this year. Rasco earned over 256.9 million drams (against 144.8 million drams in the first quarter of 2011), Rosgosstrakh-Armenia – nearly 165.1 million drams against 697.7 million drams, Nairi Insurance- 64.6 million drams versus 358.4 million drams, Reso- 64.4 million drams against 322 million drams, Ingo Armenia – 52.4 million drams versus 263 million drams, and Sil Insurance – over 34.6 million drams against 72.8 million drams

Garant-Limens, however, within the second half of 2012 reported losses of 112.4 million drams against revenue of 98.1 million drams from a year earlier.

As of 30 June 2012 there are 7 insurance companies in Armenia. ($1 – 411.69 drams).—0-

spot_img

POPULAR

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

U.S. dollar, euro, and ruble drop against Armenian dram

As of February 13, 2026, the average market exchange rate for the US dollar against the Armenian dram, established on the foreign exchange market, has dropped by 0.63 points from February 12, now standing at 376.94 drams.

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

Armenia is discussing the possibility of providing loans to taxi drivers with transparent incomes

Minister of Economy Gevorg Papoyan announced that he has initiated discussions on providing loans to taxi drivers with transparent incomes.

LATEST NEWS

spot_imgspot_imgspot_img