Voluntary insurance policies sold to Armenian citizens will get ahead of compulsory insurance policies, Sarkisov says

19.09.2013 13:52
Voluntary insurance policies sold to Armenian citizens will get ahead of  compulsory insurance policies, Sarkisov says

YEREVAN, September 18. / ARKA /. The number of voluntary insurance policies sold to Armenian citizens will get ahead of the number of compulsory insurance policies, Sergey Sarkisov, Reso–Garantia insurance company’s board chairman, said yesterday.

"I am confident that our company will have its contribution to it, because we are selling more voluntary policies than mandatory,» he said at the opening of the head office of  RESO .

According to Sarkisov, the global ratio of voluntary insurance to compulsory insurance is 50 to 50. In Russia , Ukraine and Belarus 30 percent of all sold policies are mandatory insurance.

"Those producers or people who provide services to citizens, which may cause them harm, should have insurance coverage because they are not always willing to undo the damage,» Sarkisov said.

In this regard, he noted that , for example, in the U.S. there are more than 4 thousand types of compulsory insurance, while Armenia has only three.

RESO Garantia insurance company is part of Russian RESO Group, which has more than 30 companies operating in the insurance, pension, property development, automotive, medical and leasing markets of Russia and other CIS countries. According to ARKA news agency’s data, in the second quarter of the year Reso-Garantia’s assets in Armenia stood at 10.1 billion drams, liabilities at 8.8 billion drams and the capital  at 1.3 billion drams. -0-


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