{"id":104698,"date":"2016-12-29T10:12:04","date_gmt":"2016-12-29T10:12:04","guid":{"rendered":"https:\/\/armbanks.am\/2016\/12\/29\/245729\/"},"modified":"2024-12-15T13:27:15","modified_gmt":"2024-12-15T13:27:15","slug":"no-consolidations-expected-in-armenias-insurance-sector-in-2017-ingo-armenia","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/12\/29\/104698\/","title":{"rendered":"No consolidations expected in Armenia\u2019s insurance sector in 2017 \u2013 INGO Armenia"},"content":{"rendered":"<p><strong>YEREVAN, December 29. \/ARKA\/.<\/strong> Arevshat Meliksetyan, executive director of INGO Armenia, told journalists on Wednesday, that he expected no consolidations in Armenia\u2019s insurance sector in 2017.<\/p>\n<p>Contrary to the central bank that has said in its report that it expects a number of mergers in Armenia\u2019s insurance sector before 2018, Meliksetyan thinks there will be no legislative changes in 2017 if there are no legislative changes.<\/p>\n<p>In his opinion, consolidation has been sufficient in insurance sector over the last five years. \u201cCompanies have no problems with capitalization and solvency norms,\u201d he said.<\/p>\n<p>Six insurance companies operated in Armenia in late September 2016.<\/p>\n<p>ARKA News Agency\u2019s analysis shows that the aggregate insurance premiums of the country\u2019s insurance companies totaled AMD 23.2 billion in Jan-Sept 2016 and compensations AMD 10.1 billion. ($1 \u2013 AMD 482.68). &#8211;0&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arevshat Meliksetyan, executive director of INGO Armenia, told journalists on Wednesday, that he expected no consolidations in Armenia\u2019s insurance sector in 2017<\/p>\n","protected":false},"author":1,"featured_media":179806,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12149,9216],"tags":[15837,14350,15891,414],"class_list":{"0":"post-104698","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-insurance-market","8":"category-news","9":"tag-armenia-2","10":"tag-consolidations","11":"tag-insurance-2","12":"tag-414"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/104698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=104698"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/104698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/179806"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=104698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=104698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=104698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}