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MOODY INTERNATIONAL CONFIRMS ROSGOSSTRAKH-ARMENIA'S COMPLIANCE WITH INTERNATIONAL STANDARDS
ARMINFO
Thursday, February 28, 19:34
Moody International's audit in Feb 2013 has confirmed
Rosgosstrakh-Armenia's compliance with international standards.
The press service of Rosgosstrakh-Armenia reports that the auditors
have checked up the quality of the company's property and life
insurance and reinsurance services and have inspected its loss
adjustment centers, with no deficiencies found.
"We are committed to develop Armenia's insurance market, but we will
not be able to do it unless we are ahead of it. You have said that we
are moving in the right way. So, we just need to work hard to achieve
our goals. Our key result for the moment is our content customers,"
Executive Director of Rosgosstrakh-Armenia Gagik Grigoryan said during
a meeting with Moody's auditors.
Rosgosstrakh-Armenia is the only insurance company in Armenia that
has received an ISO 9001:2008 certificate from Moody International
(in Dec 2011).
According to the Ranking of Insurance Companies of Armenia prepared
by the Agency of Rating Marketing Information (ArmInfo), Rosgosstrakh
Armenia is in the lead by the total volume of insurance premiums,
which amounted to 8 bln AMD by 1 Oct 2012 (38.2% y-o-y growth). In
terms of property insurance, the company is among the top three
insurance companies with about 406 mln AMD premiums (almost 40% y-o-y
growth). So is it in terms of health insurance - 2.4 bln AMD (almost
10-fold y-o-y growth). In Jan-Sep 2012 Rosgosstrakh Armenia secured
insurance profit at 4.6 mln AMD and found itself among the top three.
The company has 1736 agents, of which 1410 are individuals. As of 1 Oct
2012, Rosgosstrakh Armenia provided insurance services of 15 classes.
To note, Rosgosstrakh Armenia was founded in May 2008. It is a member
of Rosgosstrakh Group (Russia), which owns 100% of Rosgosstrakh
Armenia's shares. The company has 46 offices throughout Armenia.
From: Emil Lazarian | Ararat NewsPress
ARMINFO
Thursday, February 28, 19:34
Moody International's audit in Feb 2013 has confirmed
Rosgosstrakh-Armenia's compliance with international standards.
The press service of Rosgosstrakh-Armenia reports that the auditors
have checked up the quality of the company's property and life
insurance and reinsurance services and have inspected its loss
adjustment centers, with no deficiencies found.
"We are committed to develop Armenia's insurance market, but we will
not be able to do it unless we are ahead of it. You have said that we
are moving in the right way. So, we just need to work hard to achieve
our goals. Our key result for the moment is our content customers,"
Executive Director of Rosgosstrakh-Armenia Gagik Grigoryan said during
a meeting with Moody's auditors.
Rosgosstrakh-Armenia is the only insurance company in Armenia that
has received an ISO 9001:2008 certificate from Moody International
(in Dec 2011).
According to the Ranking of Insurance Companies of Armenia prepared
by the Agency of Rating Marketing Information (ArmInfo), Rosgosstrakh
Armenia is in the lead by the total volume of insurance premiums,
which amounted to 8 bln AMD by 1 Oct 2012 (38.2% y-o-y growth). In
terms of property insurance, the company is among the top three
insurance companies with about 406 mln AMD premiums (almost 40% y-o-y
growth). So is it in terms of health insurance - 2.4 bln AMD (almost
10-fold y-o-y growth). In Jan-Sep 2012 Rosgosstrakh Armenia secured
insurance profit at 4.6 mln AMD and found itself among the top three.
The company has 1736 agents, of which 1410 are individuals. As of 1 Oct
2012, Rosgosstrakh Armenia provided insurance services of 15 classes.
To note, Rosgosstrakh Armenia was founded in May 2008. It is a member
of Rosgosstrakh Group (Russia), which owns 100% of Rosgosstrakh
Armenia's shares. The company has 46 offices throughout Armenia.
From: Emil Lazarian | Ararat NewsPress