YEREVAN, November 26. /ARKA/. Aggregate liabilities of Armenian insurance companies were about 23.6bln drams as of the end of September 2012, a reduction of 6.3% over the third quarter.

“Ingo Armenia” is the leader in total liabilities among Armenian insurance companies (over 7.3bln drams, a reduction of 7.4% over Q3). The company’s share in aggregate liabilities of Armenian insurers is about 31%.

The five biggest insurers in terms of total liabilities are Rosgosstrakh-Armenia with more than 6.4bln drams (27.2% of the aggregate liabilities of Armenian insurers), Reso with over 3.1bln drams (13.1% of aggregate liabilities), Nairi Insurance with more than 2.7bln drams (the share is 11.7%) and Garant-Limens with more than 1.9bln drams (8.1%).

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Total liabilities of the Central Bank of Armenia exceeded AMD 1089.4 billion by Late September after they grew 0.5%, compared with late June, the regulator reports

Categories: Banks @en, General news, News, News of the hour | Comments Off on Armenian Central Bank’s liabilities exceed AMD 1089.4 billion in late September

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