Sat, 12 April
13.1 C
Yerevan
USD: 391.07 RUB: 4.66 EUR: 443.20 GEL: 142.03 GBP: 511.21
spot_img

Aggregate liabilities of Armenian insurance companies 23.6bln drams at end September

YEREVAN, November 26. /ARKA/. Aggregate liabilities of Armenian insurance companies were about 23.6bln drams as of the end of September 2012, a reduction of 6.3% over the third quarter.

“Ingo Armenia” is the leader in total liabilities among Armenian insurance companies (over 7.3bln drams, a reduction of 7.4% over Q3). The company’s share in aggregate liabilities of Armenian insurers is about 31%.

The five biggest insurers in terms of total liabilities are Rosgosstrakh-Armenia with more than 6.4bln drams (27.2% of the aggregate liabilities of Armenian insurers), Reso with over 3.1bln drams (13.1% of aggregate liabilities), Nairi Insurance with more than 2.7bln drams (the share is 11.7%) and Garant-Limens with more than 1.9bln drams (8.1%).

These five companies hold 91.2% of the overall liabilities of insurance companies.

There were 7 insurance companies operating in Armenia at the end of September, 2012. ($1=406.37drams).–0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

LATEST NEWS

spot_imgspot_imgspot_img