Agency publishes newsletter indicators of activities of Armenian insurance companies for 2nd q of 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 1999 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. –0-