At the end of 2013 Armenian insurance market recorded a 4.31% y-o-y, decrease to EUR 63.86 million comparing with the results of 2012, when insurance companies had collected EUR 66.74 million in premiums. At the same time, it should be noted that the size of claims paid by insurers amounted to EUR 35.25 million, 29.51% more than a year before, according to data presented by the ArmInfo News Agency.

Only four of the from seven domestic insurance have ended 2013 year with positive results in terms of GWP: ROSGOSSTRAKH Armenia, RESO, NAIRI Insurance and SIL Insurance.

In 2013 such types of insurance as health insurance, fire and allied perils, other damages to property and GTPL have become more unprofitable for local companies.

Access www.xprimm.com and download the FY2013 Armenian insurance market statistics - Market portfolio & market rankings (in EUR and AMD):

• GWP
• Claims
• Growth rates
• Market shares