The number of insurance policies sold by RESO and other Armenia-based companies surged 20-25 times over two years

YEREVAN, September 18. / ARKA / The number of insurance policies sold by RESO and other Armenia-based insurance companies have surged 20-25 times over the last two years, according to Samvel Grigoryan, the executive director of Reso company.

“We appeared to be able to respond to the challenge, ‘imposed’ on us by the government. I mean the compulsory insurance of vehicles and mandatory health insurance of civil servants, which make a total of  500,000 customers, and 100,000 of them are our customers,’ he said Wednesday at  the opening ceremony of the head office of Reso.

Grigoryan said the company is offering some 13 voluntary insurance products to its Armenian clients, tested at the Russian insurance market. He said the new head office of the company was built to improve the quality of work and customer service.

RESO Garantia insurance company is part of Russian RESO Group, which has more than 30 companies operating in the insurance, pension , property development , automotive , medical and leasing markets of Russia and other CIS countries. According to  ARKA news agency’s data, in the second quarter of the year Reso-Garantia’s assets in Armenia stood at 10.1 billion drams, liabilities at 8.8 billion drams  and  the capital  at 1.3 billion drams. -0-

spot_img

POPULAR

New GAMES section launched on Novosti-Armenia website

A new digital section, GAMES, has been launched on the Novosti-Armenia website.

IDBank was the strategic partner of the “Women in Leadership Forum & Awards 2026”

IDBank was the strategic partner of the “Women in Leadership Forum & Awards 2026” an event that brought together successful women leaders from various industries and professional fields.

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Participants of the latest edition of Wizz Air’s “Let’s Get Lost” campaign — travelers who boarded a flight without knowing their final destination — have arrived in Yerevan, Armenia.

Unibank to Raise AMD 3.9 Billion Through a New Share Issue

Unibank has announced a new issue of common shares totaling AMD 3.9 billion. By September 9, 2026, the bank plans to place 10 million shares.

531,000 pensioners in Armenia are already receiving cashback for non-cash transactions: minister

As of April 2026, 531,000 pensioners and benefit beneficiaries in Armenia were using the cashback program for non-cash purchases, according to RA Minister of Labor and Social Affairs Arsen Torosyan.

LATEST NEWS

spot_imgspot_imgspot_img