YEREVAN, June 20. \/ ARKA \/. Mandatory car insurance and other voluntary insurance policies account for 50% of Ingo Armenia\u2019s insurance company\u2019s portfolio, company CEO, Levon Altunian, told journalists during a workshop on the role of journalism in insurance sector.<\/p>\n
He said the company controls about 22-24% of Armenia\u2019s overall insurance market and 17% of car insurances.<\/p>\n
According to data, provided by the company, its insurance portfolio is made up of voluntary property insurance (32%), personal insurance (14%), public insurance (3%) and other types of insurance (2%).<\/p>\n
He said the company employs 120 workers and 1,500 agents, up from a seven-member staff in 2007.<\/p>\n
Ingo Armenia was founded in 1997. In December 2003 some 75% of its shares were acquired by Russian insurance company Ingosstrakh. Twenty-five percent of share are owned by Levon Altunian (Armenia).<\/p>\n
The company\u2019s authorized capital is 750.9 million drams. ($ 1 – 373.96 AMD).–0\u2014<\/p>\n","protected":false},"excerpt":{"rendered":"
Mandatory car insurance and other voluntary insurance policies account for 50% of Ingo Armenia\u2019s insurance company\u2019s portfolio, company CEO, Levon Altunian, told journalists<\/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":[15837,12939,15891,12972],"class_list":{"0":"post-24530","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-insurance-market","7":"category-news","8":"tag-armenia-2","9":"tag-ingo","10":"tag-insurance-2","11":"tag-premiums"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/24530","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=24530"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/24530\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=24530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=24530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=24530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}