New Product, "Insurance Companies Of Armenia", Published By ARKA Age

NEW PRODUCT, "INSURANCE COMPANIES OF ARMENIA", PUBLISHED BY ARKA AGENCY

ARKA
Nov 25, 2008

YEREVAN, November 25. /ARKA/. ARKA News Agency has published a
new product – "Insurance companies of Armenia" – that introduces
performance indicators of Armenian insurance companies for the third
quarter of this year.

The product is to come out every quarter and is based on the official
financial reports of insurance companies.

"Insurance companies of Armenia" quarterly bulletin contains about
42 pages of information presented in tabular form as per the various
performance indicators. It contains 11 main sections – 1. General
characteristics of insurance companies, 2. Assets, 3. Liabilities, 4.

Capital, 5. Financial performance indicators, 6. Structure and building
of technical reserves, 7. Financial flows, 8. Profitability indicators,
Total capital sufficiency, 10. Paying capacity and liquidity and
11. Insurance indicators.

The bulletin provides a general view of the financial state of
insurance companies in Armenia and a comparative analysis of their
activities.

The ARKA News Agency founded on May 1 1996 specializes in coverage
of financial, economic and political topics. ARKA started publishing
quarterly bulletin "Basic indicators of Armenian banks" in 1999,
the bulletin "Credit organizations of Armenia" in March 2005 and
the quarterly bulletin "Financial indicators of banks" in May 2 006,
based on independent annual audits.