ROSGOSSTRAKH COMES TO ARMENIA

arminfo
2008-05-21 09:36:00

ArmInfo. The Council of the Central Bank of Armenia registered a new
insurance company – CJSC Rosgosstrakh-Armenia at the May 20 sitting. As
the CBA press-service told ArmInfo, the company obtained licence
for non-life insurance, particularly, insurance of cargo carriages,
ground transportation vehicles, property, car holder’s liability,
general liability, accident insurance, as well as insurance of fires
and disasters.

To note, Rosgosstrakh-Armenia is included in the largest insurance
group of Russia – Rosgosstrakh, 75% – 1 share of which belong to
Chairman of the group’s Board Daniil Khachaturov and his brother
Sergey Khachaturov after privatization in 2003; 25% + 1 share belong
to Russia. The Rosgosstrakh Group consists of OJSC Rosgosstrakh,
3 regional and 7 inter-regional insurance companies, RGS-Medicine
LLC, which makes surgical operations by compulsory health insurance,
as well as RGS-Life LLC, which is engaged in life-insurance and
non-governmental retirement insurance. The Rosgosstrakh Group was
awarded Ð~B++ rating (high reliability with positive outlook) by the
Expert RA Rating Agency in 2004, this rating was confirmed in 2006
as well.

At the moment, the number of insurance companies of Armenia is 11,
Rosgosstrakh- Armenia inclusive.

–Boundary_(ID_of4zvuVQ4ERYc5DQdfnmTw) —