{"id":26282,"date":"2011-08-19T15:07:22","date_gmt":"2011-08-19T15:07:22","guid":{"rendered":"https:\/\/armbanks.am\/2011\/08\/19\/233556\/"},"modified":"2024-12-15T12:52:32","modified_gmt":"2024-12-15T12:52:32","slug":"insurance-companies-in-armenia-report-16-5-total-assets-increase","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/08\/19\/26282\/","title":{"rendered":"Insurance companies in Armenia report 16.5% total assets increase"},"content":{"rendered":"

YEREVAN, August 19. \/ ARKA <\/strong>\/. In the first half of 2011 the total assets of insurance companies in Armenia increased by 16.5% or 3.8 billion drams from the beginning of the year to 27.4 billion drams, according to an analysis, conducted by ARKA news agency.<\/p>\n

Rosgistrakh-Armenia was the largest company in terms of assets size which stood as of June 30 at 6.5 billion drams, having increased over the reporting period by 27.7% or 1.4 billion drams. This company accounted for 23.8% of the total assets of all insurance companies in the country.<\/p>\n

The second largest company, in terms of assets size, was Ingo Armenia with about 5.9 billion drams assets. The company posted a 39.7% or 1.7 billion drams rise form the beginning of the year and accounted for 21.4% of the total assets of insurance companies. Nairi Insurance was third with about 3. 3 billion drams, an increase of 10.8% or 318.8 million drams in the first six months. It accounted for 11.9% of the combined assets.<\/p>\n

Cascade Insurance\u2019s assets stood at about 3.1 billion drams, down 10.4% or 359.3 million drams from the beginning of the year (11.3% of total assets), Garant-Limens\u2019s assets were worth 2.9 billion drams, an increase of 77.8% or about 1.3 billion drams. Its share in the total assets was 10.6%). The highest growth rate during the reporting period of time was reported by Gurant-Limens company (77.8%), Ingo Armenia (39.7%) and Rosgosstrakh-Armenia (27.7%). There are nine operating insurance companies in the country. One company did not publish its statement.($ 1 – 366.51 AMD).\u00a0 -0-<\/p>\n","protected":false},"excerpt":{"rendered":"

In the first half of 2011 the total assets of insurance companies in Armenia increased by 16.5% or 3.8 billion drams from the beginning of the year to 27.4 billion drams, according to an analysis, conducted by ARKA news agency.<\/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":[15837,15891,466],"class_list":["post-26282","post","type-post","status-publish","format-standard","category-insurance-market","category-news","tag-armenia-2","tag-insurance-2","tag-466"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t