{"id":19950,"date":"2011-02-21T08:13:35","date_gmt":"2011-02-21T08:13:35","guid":{"rendered":"https:\/\/armbanks.am\/2011\/02\/21\/232350\/"},"modified":"2024-12-15T12:50:03","modified_gmt":"2024-12-15T12:50:03","slug":"total-assets-of-armenian-insurance-companies-grew-by-3-3-billion-drams-in-q4-2010-to-23-8-bullion-drams","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/02\/21\/19950\/","title":{"rendered":"Total assets of Armenian insurance companies grew by 3.3 billion drams in Q4, 2010 to 23.8 bullion drams"},"content":{"rendered":"<p><strong>YEREVAN, February 21, \/ARKA\/. <\/strong>In the fourth quarter of 2010 the total assets of Armenia-based insurance companies grew by 3.3 billion Drams or 16% from the previous quarter to 23.8 bullion Drams, according to an analysis made by ARKA news agency.<\/p>\n<p>The eliding company by size of total assets was Rosgosstrakh-Armenia whose assets were worth as much as 5.1 billion Drams as of December 31, 2010, growing by 19.5% or 831.5 million. This company accounted for 21.5% of all assets of all companies.<\/p>\n<p>Ingo-Armenia with 4.2 billion Drams worth assets was second. They grew by 30.7% in the fourth quarter of 2010 or by 988 million Drams to<\/p>\n<p>17.7% of the aggregate assets of all companies. Cascade Insurance was third with 3.4 billion Drams worth assets. They grew by 87.9% or about 1.6 billion Drams to 14.43% of the aggregate assets. Nairi Insurance had 3 billion Drams worth assets which grew by 79% or 1.3 billion Drams (12.4% of the aggregate assets), Rasko had 2.2 billion Drams worth assets. They grew by 26.3% or 450.3 million Drams (9.1%).<\/p>\n<p>The highest growth rate of 88% was reported by Cascade Insurance, Sil Insurance (79%) and Nairi Insurance (79%). There are 9 insurance companies in Armenia which operate 9 branches. ($1 \u2013 365.83 Drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the fourth quarter of 2010 the total assets of Armenia-based insurance companies grew by 3.3 billion Drams or 16% from the previous quarter to 23.8 bullion Drams.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12149,9216],"tags":[15837,15763,15891,466],"class_list":{"0":"post-19950","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-insurance-market","7":"category-news","8":"tag-armenia-2","9":"tag-assets-2","10":"tag-insurance-2","11":"tag-466"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/19950","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=19950"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/19950\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=19950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=19950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=19950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}