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Armenia: Insurers' Total Assets Drop 7.5%

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  • Armenia: Insurers' Total Assets Drop 7.5%

    ARMENIA: INSURERS' TOTAL ASSETS DROP 7.5%

    Business Insurance
    Nov 14 2013

    November 14, 2013 - 6:00am\

    The total assets of the seven insurers operating in Armenia stood at
    46.2 billion Armenian drams ($113.7 million) as of the end of September
    2013, a 7.5% decline from the prior quarter, Forinsurer reported.

    The top insurer in terms of assets was CJSC Rosgosstrakh Armenia with
    AMD 11.5 billion, up 28%. It was followed by CJSC Ingo Armenia, which
    had assets worth AMD 10.9 billion, up 14%, and CJSC Reso Insurance,
    which had assets worth AMD 8.7 billion, up 72%.

    http://www.businessinsurance.com/article/20131114/NEWS09/131119924#

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