Aggregate liabilities of Armenian insurance companies grow 1.1%

11.12.2009 21:35
Aggregate liabilities of Armenian insurance companies grow 1.1%

YEREVAN, December 11. /ARKA/. Aggregate liabilities of insurance companies in Armenia has grown 1.1% or by AMD 46.4 million over nine months of 2009 reaching AMD 4.3 billion by late September.

ARKA News Agency’s analysis shows that ISG, who enlarged its liabilities 69.8% in Jan-Sept 2009 to AMD 1.05 billion, became the leader among Armenia’s insurance companies in Jan-Sept 2009.

This company’s share in aggregate liabilities of Armenian insurance companies is 24.3%.

London-Yerevan Co, with its 655.9 million (15.2%) was placed second in ARKA News Agency’s ranking.

Ingo Armenia, whose liabilities amounted to AMD 615.9 million (14.3%) came third in the ranking.

Nairi Insurance (AMD 426.9 million and 9.9%) and Rosgosstrakh (AMD 389.3 million and 9%) follow Ingo Armenia.

About 72.7% of all liabilities of insurance companies are concentrated at these five leaders.

Twelve insurance companies with their nine branches operate in Armenia. ($1 = AMD 383.9).  –0—


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