By types of insurance, accidents, cargo, travel and health classes saw the highest growth rates in GWP volumes.
In the reporting period, a negative GWP dynamics has been recorded by overall property insurance (down by 12.67%) and GTPL (27.41%).
In terms of GWP, top 3 insurers generated 71.77% of the total insurance market: ROSGOSSTRAKH Armenia (market share 28.17%), INGO Armenia (27.08%) and NAIRI Insurance (16.53%). In the reporting period, five insurers activated on the Armenian insurance market.
Access www.xprimm.com and download the 3Q2016 Armenian insurance market statistic.