TOTAL OF INSURANCE CONTRIBUTIONS DECREASES BY 15.2% TO AMD 3.9BLN IN
ARMENIA FOR 1ST QUARTER 2006
ARKA News Agency, Armenia
Aug 3, 2006
YEREVAN, August 3. /ARKA/. The total of insurance payments made by
insurance companies for the 1st quarter 2006 totaled AMD 3.9bln in
Armenia. The National Statistical Service reported that amount of
this indicator compared with the beginning of 2006 decreased by 15.2%
or AMD 697mln.
At the same time, the amount of insurance payments made by insurance
companies in the 1st quarter 2006 decreased by AMD 77mln and totaled
AMD 444.6mln.
According to the statistics, the amount of insurance risks under the
contracts in force by March 31, 2006, totaled AMD 1,184.8bln, 31.6%
or AMD 549.3 decrease compared with the beginning of the year. At the
same time, the number of active insurance contracts increased by 5991
and totaled 29,449.
As of March 31, 2006, 26 insurance companies were incorporated in
Armenia against 23 at the beginning of the year. ($1 – AMD 415.54).