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International News

Insurance News: May 21-29, 2025

Jun 24, 2025 MANE ADAMYAN5 minutes
Armenia Insurers Research

Summary of Insurance Market Results: First Quarter of 2025

May 22, 2025 MANE ADAMYAN7 minutes
Armenia Insurers

2025 1Q: EFES strengthens its leading position in the voluntary insurance market

May 5, 2025 EFES ICJSC5 minutes
Armenia Insurers

EFES ICJSC 2024 4Q Financial Performance Summary/Review

Mar 5, 2025 admin5 minutes
Armenia Insurers News

EFES Insurance Introduces New International Cancer Insurance Product: EFES Oncocare

Oct 18, 2024 EFES ICJSC3 minutes
  • Recent
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  • International News
    Insurance News: May 21-29, 2025
  • Armenia Insurers Research
    Summary of Insurance Market Results: First Quarter of 2025
  • Armenia Insurers
    2025 1Q: EFES strengthens its leading position in the voluntary insurance market
  • Armenia Insurers
    EFES ICJSC 2024 4Q Financial Performance Summary/Review
  • Armenia Hot Topic Interesting
    10 Business Associations of Armenia You Need to Know
  • Armenia Research
    Mining Sector in Armenia
  • Preview Research
    Agricultural Insurance Pilot Program
  • Preview Research
    Armenian Insurance Market
  • Armenia Hot Topic Interesting
    10 Business Associations of Armenia You Need to Know
  • Armenia Hot Topic Research
    Armenian Insurance Industry Performance: Q1 2021
  • Armenia Hot Topic Research
    Armenian Insurance Industry Performance: 2020
  • Hot Topic Preview Research
    Cargo insurance in Armenia: Where It Stands and Where It Can Go.
International News

Insurance News: May 21-29, 2025

Jun 24, 2025 MANE ADAMYAN5 minutes

Summary of important insurance news occurred between May 21-29, 2025...

Armenia Insurers Research

Summary of Insurance Market Results: First Quarter of 2025

May 22, 2025 MANE ADAMYAN7 minutes

While total insurance premiums amounted to 22.0 billion AMD in the first quarter of 2024, this figure dropped to 20.5 billion AMD in 2025, marking a decline of approximately 7%.

Armenia Insurers

2025 1Q: EFES strengthens its leading position in the voluntary insurance market

May 5, 2025 EFES ICJSC5 minutes

2025 started with steady growth for EFES ICJSC, strengthening its position as the leader in voluntary insurance in Armenia. The Company continues to grow...

Armenia Insurers

EFES ICJSC 2024 4Q Financial Performance Summary/Review

Mar 5, 2025 admin5 minutes

EFES Insurance Company, which entered the market in July 2023, achieved high growth rates in 2024, establishing itself as the leader in the voluntary insurance market...

Armenia Insurers News

EFES Insurance Introduces New International Cancer Insurance Product: EFES Oncocare

Oct 18, 2024 EFES ICJSC3 minutes

EFES Insurance introduces EFES Oncocare, a new insurance product designed for individuals, families, and businesses...

Educational Interesting

Types of Reinsurance Policies: The most important aspects you certainly need to know

Oct 26, 2021 GOHAR HAYRAPETYAN5 minutes

You could ask “Why to reinsure at all?”. In essence, insurers decide by themselves which risks are to be reinsured. Moreover․․․

Armenia Hot Topic Interesting

10 Business Associations of Armenia You Need to Know

Sep 22, 2021 GOHAR HAYRAPETYAN5 minutes

Business associations bring together business owners to provide benefits to them, help in their business programs. The members of...

Armenia Educational Interesting

Life Insurance: A Yet Undiscovered Domain for the Armenian Insurance Market

Jul 12, 2021 NICOLAE STRATAN1 minute

The primary purpose of life insurance is guaranteeing to compensate a fixed financial entirety to a person or a family on the tragic occasion of their income...

Armenia Hot Topic Research

Armenian Insurance Industry Performance: Q1 2021

May 4, 2021 ARPI SINANYAN3 minutes

Having 2020 in the rear-view mirror, the overall expectations toward the future significantly improve. The global pandemic, despite starting a year earlier, came in full effect in 2020...

Interesting International

6 days at Suez: Insurance complications of Ever Given’s grounding

Apr 12, 2021 ARPI SINANYAN3 minutes

On March 23, while casually passing through the canal of Suez, an ultra large container ship of Ever Given was grounded, seizing both ways the traffic for 6 days that is halting 10 bln USD worth of marine traffic...

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Statistics

Key Indicators of Insurance Companies in Armenia (2024)

Premiums
Claims
Profit/Loss
Gross Insurance Premiums written
Companythous․ RA drams
Ingo Armenia7,820,584
Liga Insurance14,615,778
Nairi Insurance12,535,734
Sil Insurance9,474,036
Rego Insurance5,387,651
Armenia Insurance8,791,195
Efes Insurance11,803,113
Gross Claims incurred (paid)
Companythous․ RA drams
Ingo Armenia6,386,407
Liga Insurance10,769,650
Nairi Insurance8,258,031
Sil Insurance5,867,161
Reso Insurance1,981,841
Armenia Insurance5,175,215
Efes Insurnace5,420,769
Net Profit or Loss (Return on revenue)
Companythous․ RA drams
Ingo Armenia243,765
Liga Insurance(369,701)
Nairi Insurance281,114
Sil Insurance74,520
Rego Insurance341,196
Armenia Insurance589,890
Efes Insurance82,121
By Read time
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Recent Posts
  • Insurance News: May 21-29, 2025
  • Summary of Insurance Market Results: First Quarter of 2025
  • 2025 1Q: EFES strengthens its leading position in the voluntary insurance market
  • EFES ICJSC 2024 4Q Financial Performance Summary/Review
  • EFES Insurance Introduces New International Cancer Insurance Product: EFES Oncocare
  • Types of Reinsurance Policies: The most important aspects you certainly need to know
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Recent Posts
  • Insurance News: May 21-29, 2025
  • Summary of Insurance Market Results: First Quarter of 2025
  • 2025 1Q: EFES strengthens its leading position in the voluntary insurance market
  • EFES ICJSC 2024 4Q Financial Performance Summary/Review
  • EFES Insurance Introduces New International Cancer Insurance Product: EFES Oncocare

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