AGENCY PUBLISHES NEWSLETTER INDICATORS OF ACTIVITIES OF ARMENIAN INSURANCE COMPANIES FOR 2ND Q OF 2009

ARKA
August 3, 2009

YEREVAN, August 3. /ARKA/. ARKA News Agency published a regular
quarterly newsletter "Indicators of the activities of insurance
companies of Armenia" for the second quarter of 2009.

The newsletter reflects the financial activities of insurance companies
based on their officially published materials.

The "Indicators of the activities of insurance companies of Armenia"
newsletter contains approximately 40 pages of tabular material
for the various indicators of insurance companies and consists
of 11 main sections: 1. General characteristics of insurance
organizations. 2. Assets. 3.

Obligations. 4. Capital. 5. The financial results of operations. 6. The
structure and formation of technical reserves. 7. Financial cash
flows. 8.

Indicators of profitability. 9. Indicators of overall capital
adequacy. 10.

The indicators of solvency and liquidity. 11. Indicators characterizing
the insurance activities.

The information contained in the bulletin gives the opportunity to
present an overall picture of the financial standing of insurance
companies of Armenia and make a comparative analysis of their
activities.

ARKA News Agency has operated since May 1 of 1996 and specializes in
financial, economic and political information.

The agency has issued its quarterly bulletin "Indicators of the
activities of Armenian banks" since 199 9 and "Crediting organizations
of Armenia" quarterly bulleting since March 2005.

Since May 2006 ARKA News Agency has issued "Financial indicators of
banks" per the data of annual independent audits.

Starting from July 2008, the agency has issued "Indicators of the
activities of insurance companies of Armenia" quarterly bulletin.