YEREVAN, March 21. \/ARKA\/. The combined total assets of Armenian insurance companies in the fourth quarter of 2011 grew by 23.2% from a year earlier to over 31.6 billion drams, according to an analysis made by ARKA news agency.
\nThe largest company by size of total assets was Ingo-Armenia whose assets stood at 7.1 billion drams as of December 31, 2011 having increased by 71.1%. This company accounted for 22.8% of all combined total assets of all 8 insurance companies.
\nThe top three included also Rosgosstrakh-Armenia with 6.5. billion drams of total assets, which grew by 26.2% from a year before. This company accounted for 20.4% of all total assets of all companies. Third was Nairi Insurance with 3.9 billion drams of total assets, which were 32.8% more\u00a0 than in 2010.\u00a0 It accounted for 12.4% of all assets of all companies.
\nCascade Insurance\u2019s total assets grew by 5.1% to 3.6 billion drams, Reso insurance company\u2019s total assets slashed by 13.5% to 2.8 billion drams; Garant Limens\u2019 assets grew by 20.6%. Rasko company posted a 12.% rise in total assets and Sil Insurance\u2019s assets grew by 8.8%.\u00a0 ($1 \u2013 388.39 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"
The combined total assets of Armenian insurance companies<\/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":[15837,15891,13056],"class_list":{"0":"post-34988","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-insurance-market","7":"category-news","8":"tag-armenia-2","9":"tag-insurance-2","10":"tag-overall-reserves"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/34988","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=34988"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/34988\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=34988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=34988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=34988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}