Bulletin Of Indicators Of Armenian Insurance Companies For Q1 2008 P

BULLETIN OF INDICATORS OF ARMENIAN INSURANCE COMPANIES FOR Q1 2008 PUBLISHED BY ARKA AGENCY

ARKA
March 4, 2009

YEREVAN, March 4. /ARKA/. ARKA News Agency has published its quarterly
bulletin of performance indicators of Armenia’s insurance companies
for the fourth quarter of 2008.

The product is compiled 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 bulletin is expected to have also a section with
indicators as per insurance kinds in the future.

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 i ndicators of banks" in May 2006,
based on independent annual audits.