ARKA News Agency publishes newsletter on Armenian insurance companies for Q3 of 2009

11.12.2009 16:15
ARKA News Agency publishes newsletter on Armenian insurance companies for Q3 of 2009

YEREVAN, December 11. /ARKA/. ARKA News Agency published a regular quarterly newsletter “Indicators of activities of insurance companies of Armenia” for the third quarter of 2009.

The bulletin is based on press coverage of uniform financial reports of insuring organizations.

The “Insurance Companies of Armenia” newsletter contains approximately 40 pages of tabular material for the various insurance company indicators and consists of 11 main sections: 1.General Characteristics of Insurance Organizations. 2. Assets. 3. Obligations. 4. Capital. 5. Financial Results of Operations. 6. Structure and Formation of Technical Reserves. 7. Financial Cash Flows. 8. Indicators of Profitability. 9. Indicators of the Adequacy of the Total Capital. 10. Indicators of Solvency and Liquidity. 11. Indicators of Insurance Activities.

The information contained in the bulletin gives the opportunity to present an overall picture of the financial standing of insurance companies in Armenia and make a comparative analysis of their activities.

ARKA News Agency has operated since May 1 of 1996 and specializes in financial, economic and political information.

The agency has issued its quarterly bulletin “Indicators of the activities of Armenian banks” since 1999 and “Crediting organizations of Armenia” quarterly bulleting since March 2005.

Since May 2006 ARKA News Agency has issued “Financial indicators of banks” per the data of annual independent audits.

Starting from July 2008, the agency has issued “Indicators of the activities of insurance companies of Armenia” quarterly bulletin. –0-


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