Tweet
ISG INSURANCE TAKING INTEREST IN FINANCIAL RISK INSURANCE
arminfo
2008-08-20 14:46:00
ArmInfo. ISG Insurance Company plans more active involvement in
the financial risk insurance segment. ISG Executive Officer Artak
Antonyan told ArmInfo that in July to reinsure financial risks,
the company made an exclusive contract with the largest Ukrainian
insurance company Lemma with (Ð~B.Ð~J.Best B+ (good)) rating that
meets Armenian Central Bank standards.
ISG Insurance Company has licenses for insurance of financial risks
and guarantee provision. A. Antonyan said the company plans to get
another license at the end of the 3rd quarter to insure credits. The
banks will be offered the most favorable cooperation terms in the
market, he said. A. Antonyan underlined that the aggregate premiums
from insurance of the group of financial risks for the 3rd qt will be
ensured through insurance of provided guarantees. The company plans
30 mln drams financial risk insurance premiums especially after it
has already made 50 insurance contracts over Jul-Aug 2008. Ranking
of Armenian Insurance Companies prepared by the Agency of Rating
Marketing Information (ArmInfo) says ISG took the 1st position among
ten operating insurance companies in Armenia by 1.542 bln drams
insurance premiums for the 1st half of 2008. The premiums were from
insurance of the group of aviation risks.
--Boundary_(ID_XXLJcaSyPFHVS9R/STZP7g)--
arminfo
2008-08-20 14:46:00
ArmInfo. ISG Insurance Company plans more active involvement in
the financial risk insurance segment. ISG Executive Officer Artak
Antonyan told ArmInfo that in July to reinsure financial risks,
the company made an exclusive contract with the largest Ukrainian
insurance company Lemma with (Ð~B.Ð~J.Best B+ (good)) rating that
meets Armenian Central Bank standards.
ISG Insurance Company has licenses for insurance of financial risks
and guarantee provision. A. Antonyan said the company plans to get
another license at the end of the 3rd quarter to insure credits. The
banks will be offered the most favorable cooperation terms in the
market, he said. A. Antonyan underlined that the aggregate premiums
from insurance of the group of financial risks for the 3rd qt will be
ensured through insurance of provided guarantees. The company plans
30 mln drams financial risk insurance premiums especially after it
has already made 50 insurance contracts over Jul-Aug 2008. Ranking
of Armenian Insurance Companies prepared by the Agency of Rating
Marketing Information (ArmInfo) says ISG took the 1st position among
ten operating insurance companies in Armenia by 1.542 bln drams
insurance premiums for the 1st half of 2008. The premiums were from
insurance of the group of aviation risks.
--Boundary_(ID_XXLJcaSyPFHVS9R/STZP7g)--