Tue, 10 June
25.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

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

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

Acba Bank and NABU launch free 2025 program for organic agriculture development

Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.

Dollar and euro exchange rates to the Armenian dram fell again, while the ruble rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 4, 2025, fell again by 0.1 points compared to June 3 and amounted to 383.76 drams.

AMX introduces remote membership model, opening doors to international investors

The Armenia Securities Exchange (AMX) and the Central Depository have introduced a Remote Membership model, which is aimed at providing access to foreign investors to the Armenia Securities Exchange, the press service of the exchange reported.

LATEST NEWS

spot_imgspot_imgspot_img