All news related to Altunian

INGO-Armenia insurance company plans to collect 4.6 billion drams in insurance premiums in 2011

10.03.2011 13:22

INGO-Armenia insurance company plans to collect 4.6 billion drams in insurance premiums in 2011

YEREVAN, March 10, /ARKA/. Ingo-Armenia insurance company plans to collect this year 2.3 billion Drams in voluntary insurance premiums and sell as much mandatory car insurances, its executive director Levon Altunian told a news conference March 9 at Novosti international press center.

He said the company collected 1.9 billion Drams in voluntary insurances last year, a 300 million drams rise from 2009 and the bulk of premiums was collected for insuring motor vehicles, property and medical risks. In his words, the company re-insured 70% of its risk portfolio.

‘The last year was very important to our company, especially in terms of more than tripling our staff that has reached 108 people and besides we have 600 insurance agents across the country’ he said.

Views: 0

Categories: General news, Insurance market, News, News of the hour | Comments Off on INGO-Armenia insurance company plans to collect 4.6 billion drams in insurance premiums in 2011

Tags: , ,

Read more