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    Armenian Insurance Industry Performance: Q1 2021
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    Cargo insurance in Armenia: Where It Stands and Where It Can Go.
Preview Research

Armenian Insurance Market

Sep 25, 2020 LEVON KOCHARYAN1 minute

Despite insurance traditionally being one of the main pillars of financial markets, in Armenia it appears to be only in its developing stage, leaving banking system to be an undisputed leader in the sector. Insurance market in Armenia started developing in...

Preview Research

Digital Insurance in Armenia

Aug 27, 2020 DANIEL DANGHYAN1 minute

Digital insurance is the signing of insurance contracts, renewing them, reporting accidents or doing any other insurance related activity that is performed with some hardware or software solutions. Digital insurance commonly features applications․․․

Preview Research

RA Insurance Market Indicators for the 1st half of 2020

Aug 26, 2020 LEVON KOCHARYAN1 minute

The commencement of 2020 coincided with the first wave of Covid-19. While the world dived into deficits or repressions and some industries were on the verge of collapse, the financial system endured and even...

Preview Research

Agricultural Insurance Pilot Program

Aug 10, 2020 LEVON KOCHARYAN1 minute

Central Bank of Armenia’s pilot program of agricultural insurance commenced in 2019. Prior to that, nothing alike ever existed in Armenia, as the premiums required were too high for the farmers, possible ample claims were not admissible for the...

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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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