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Rosgosstrakh-Armenia Company Granred Nonlife Insurance Licence

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  • Rosgosstrakh-Armenia Company Granred Nonlife Insurance Licence

    ROSGOSSTRAKH-ARMENIA COMPANY GRANRED NONLIFE INSURANCE LICENCE

    Noyan Tapan
    http://www.nt.am/news.php?shownews=113593
    Ma y 20, 2008

    YEREVAN, MAY 20, NOYAN TAPAN. At the May 20 sitting of the Central Bank
    of Armenia (CBA) Board, which was conducted by the CBA deputy chairman
    Artur Javadian, a decision was made to register Rosgosstrakh-Armenia
    company and grant it a licence for nonlife insurance of the following
    types: accident insurance, cargo insurance, overland transport
    insurance (except for railway), fire and natural disaster insurance,
    insurance of other damage to property, insurance of responsibility
    for the use of overland transport means, insurance of overall
    responsibility.

    According to a press release of the CBA, the CBA Board approved
    the execution of the 2007 annual program and the 2008 1st quarterly
    program on expenditure budgets and capital investments of the CBA,
    as well as the CBA's financial report for 1st quarter, 2008.

    By the CBA Board's decision, Depi Tun LLC was provided permission
    for participation in Faster and Blizko payment and account systems,
    MG Pay System CJSC was granted a licence for money transfers, and
    Mitra Insurance and Reinsurance Broker LLC - a licence for insurance
    brokerage.
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