Tue, 30 September
28.1 C
Yerevan
USD: 382.52 RUB: 4.64 EUR: 449.38 GEL: 140.57 GBP: 514.03

Total assets of seven Armenian insurance companies grew last year by 35 percent to over 38. 3 billion drams

YEREVAN, March 25. /ARKA/. The combined total assets of seven Armenian insurance companies grew last year by 35 percent from 2011 to over 38. 3 billion drams, according to  the Bulletin of the Central Bank ofArmeniafor the 4th quarter of 2012.

Some 36 percent of their total assets  were in the form of bank deposits, 13.5 percent were direct insurance money, 10.2 percent were equity investments and 7.4 percent -fixed assets.

According to an analysis made by ARKA, Ingo Armenia company was the largest in terms of total assets.

As of  December 31, 2012 it had 10 billion drams in total assets, which had  increased by 40.5%  to account for 26.2 percent of the overall assets of the seven companies.

It was followed by RosgosstrakhArmenia- 8.5 billion drams, which grew 35.1% from 2011 to make 22.3% of the total assets of all companies,  Reso – more than 5.5 billion drams, an increase of 60.7%.

They were followed by  Nairi Insurance – 4.4 billion drams, a 12.4 percent increase year-on-year, Garant Limens – 3.7 billion drams ( 45.7% increase), Armenia Insurance -3.3 billion drams ( 26.1% increase) and Sil Insurance – 2.6 billion drams (16.3%). ($ 1 – 418.09 drams). -0 (418.09 drams).  -0-

ranking company Assets as of 31/12/2012 (thous.AMD) Assets as of 31/12/2011

(thous.AMD)

1 IngoArmenia 10,048,609 7,151,971
2 Rosgosstrakh-Armenia 8,552,259 6,327,835
3 Reso 5,501,746 3,421,889
4 Nairi Insurance 4,420,191 3,931,689
5 Garant Limens 3,792,313 2,602,271
6 ArmeniaInsurance 3,367,098 2,669,233
7 Sil Insurance 2,611,985 2,244,167
  Total 38,294,201 28,349,055

 

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

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.

LATEST NEWS

spot_imgspot_imgspot_img