{"id":50844,"date":"2013-03-25T14:49:37","date_gmt":"2013-03-25T14:49:37","guid":{"rendered":"https:\/\/armbanks.am\/2013\/03\/25\/237932\/"},"modified":"2024-12-15T13:03:19","modified_gmt":"2024-12-15T13:03:19","slug":"total-assets-of-seven-armenian-insurance-companies-grew-last-year-by-35-percent-to-over-38-3-billion-drams","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/03\/25\/50844\/","title":{"rendered":"Total assets of seven Armenian insurance companies grew last year by 35 percent to over 38. 3 billion drams"},"content":{"rendered":"<p><strong>YEREVAN, March 25. \/ARKA\/.<\/strong> The combined total assets of seven Armenian insurance companies grew last year by 35 percent from 2011 to over 38. 3 billion drams, according to\u00a0 the Bulletin of the Central Bank ofArmeniafor the 4th quarter of 2012.<\/p>\n<p>Some 36 percent of their total assets\u00a0 were in the form of bank deposits, 13.5 percent were direct insurance money, 10.2 percent were equity investments and 7.4 percent -fixed assets.<\/p>\n<p>According to an analysis made by ARKA, Ingo Armenia company was the largest in terms of total assets.<\/p>\n<p>As of\u00a0 December 31, 2012 it had 10 billion drams in total assets, which had\u00a0 increased by 40.5%\u00a0 to account for 26.2 percent of the overall assets of the seven companies.<\/p>\n<p>It was followed by RosgosstrakhArmenia- 8.5 billion drams, which grew 35.1% from 2011 to make 22.3% of the total assets of all companies,\u00a0 Reso &#8211; more than 5.5 billion drams, an increase of 60.7%.<\/p>\n<p>They were followed by\u00a0 Nairi Insurance &#8211; 4.4 billion drams, a 12.4 percent increase year-on-year, Garant Limens &#8211; 3.7 billion drams ( 45.7% increase), Armenia Insurance -3.3 billion drams ( 26.1% increase) and Sil Insurance &#8211; 2.6 billion drams (16.3%). ($ 1 &#8211; 418.09 drams). -0 (418.09 drams). \u00a0-0-<\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"59\">ranking<\/td>\n<td valign=\"top\" width=\"154\"><strong>company<\/strong><\/td>\n<td valign=\"top\" width=\"85\"><strong>Assets as of 31\/12\/2012<\/strong> <strong>(thous.AMD)<\/strong><\/td>\n<td valign=\"top\" width=\"85\"><strong>Assets as of 31\/12\/2011<\/strong><\/p>\n<p><strong>(thous.AMD)<\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"59\"><strong>1<\/strong><\/td>\n<td valign=\"top\" width=\"154\">IngoArmenia<\/td>\n<td valign=\"top\" width=\"85\">10,048,609<\/td>\n<td valign=\"top\" width=\"85\">7,151,971<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"59\"><strong>2<\/strong><\/td>\n<td valign=\"top\" width=\"154\">Rosgosstrakh-Armenia<\/td>\n<td valign=\"top\" width=\"85\">8,552,259<\/td>\n<td valign=\"top\" width=\"85\">6,327,835<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"59\"><strong>3<\/strong><\/td>\n<td valign=\"top\" width=\"154\">Reso<\/td>\n<td valign=\"top\" width=\"85\">5,501,746<\/td>\n<td valign=\"top\" width=\"85\">3,421,889<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"59\"><strong>4<\/strong><\/td>\n<td valign=\"top\" width=\"154\">Nairi Insurance<\/td>\n<td valign=\"top\" width=\"85\">4,420,191<\/td>\n<td valign=\"top\" width=\"85\">3,931,689<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"59\"><strong>5<\/strong><\/td>\n<td valign=\"top\" width=\"154\">Garant Limens<\/td>\n<td valign=\"top\" width=\"85\">3,792,313<\/td>\n<td valign=\"top\" width=\"85\">2,602,271<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"59\"><strong>6<\/strong><\/td>\n<td valign=\"top\" width=\"154\">ArmeniaInsurance<\/td>\n<td valign=\"top\" width=\"85\">3,367,098<\/td>\n<td valign=\"top\" width=\"85\">2,669,233<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"59\"><strong>7<\/strong><\/td>\n<td valign=\"top\" width=\"154\">Sil Insurance<\/td>\n<td valign=\"top\" width=\"85\">2,611,985<\/td>\n<td valign=\"top\" width=\"85\">2,244,167<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"59\">&nbsp;<\/td>\n<td valign=\"top\" width=\"154\"><strong>Total<\/strong><\/td>\n<td valign=\"top\" width=\"85\"><strong>38,294,201<\/strong><\/td>\n<td valign=\"top\" width=\"85\"><strong>28,349,055<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The combined total assets of seven Armenian insurance companies grew last year by 35 percent from 2011 to over 38. 3 billion drams, according to  the Bulletin of the Central Bank ofArmeniafor the 4th quarter of 2012.<\/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-50844","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\/50844","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=50844"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/50844\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=50844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=50844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=50844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}