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Serviceman of NKR Defense Army killed from adversary's shot

Group of journalists arrives at seized building of the Police Patrol Service Regiment

Investigative Committee: Charges pressed against three citizens of Armenia for participation in mass disorders

"Sasna Tsrer" released the rest two hostages -Osipyan and Yeghiazaryan

Russian Foreign Ministry criticized EU's statement on events in Yerevan

Major General Vitaly Balasanyan provides details of his meeting with "Daredevils of Sasoun"

Armenian Foreign Ministry verifying if there were citizens of Armenia among Munich shooting casualties

National Security of Armenia confirms: Members of armed group voluntarily release two of four hostages

National Security Service of Armenia says two persons tied to armed group detained

Nikol Pashinyan: Levon Ter-Petrosyan and Serzh Sargsyan plot yielding territories around Nagorno Karabakh to Azerbaijan

"Daredevils of Sasoun" reportedly releases two of four hostages

NKR Defense Army soldier wounded, as Azerbaijan violates ceasefire

Armenia and UAE sign agreement to boost and protect investments

Sharmazanov: It is more likely that Kura River changes its course and falls into Black Sea than Karabakh becomes part of Azerbaijan with any status

Galust Sahakyan: Talks on possible resignation of Armenian government are rumors

Russian political scientist: Destabilization of situation and pressure on authorities prevail in "Sasna Tsrer" group's actions

Statements that five districts adjacent to Nagorno Karabakh will be passed to Azerbaijan exert pressure on the process, Bryza says

Levon Ter-Petrosyan: It is senseless to analyze the reasons that led to armed seizure of state building

President: In Armenia problems are not settled through brutal force and hostage taking - this situation continues longer than we can afford

Serzh Sargsyan: Punishment of those guilty inevitable

Newspaper: After talks with "Daredevils of Sasoun," Vitaly Balasanyan met with Serzh Sargsyan

Social media warn: physical attack prepared on Nikol Pashinyan

Views from Tel Aviv: Loss of control over country may push external powers to settle Karabakh conflict not in favor of Armenian people

Armenia's Defense Ministry confirms: Azerbaijani side targets school in near border village of Movses

Maria Zakharova slams Armenian and Azerbaijani journalists

Azerbaijan keeps intensively violating ceasefire on Line of Contact

Republican Party of Armenia for peaceful resolution of standoff and hostage situation in Yerevan

Night was calm near seized building of Patrol Police Station in Yerevan

Government of Armenia dismisses idea of creating "Aviation Code"

Cyber security specialists to be trained in Armenia with support of Kaspersky Lab

Zakharova: Moscow hopes process around Nagorno Karabakh will not lose its dynamics

Paul Goble says Moscow has lost its interest in Christian Armenia and is moving to increase its ties with majority Shia Islamic Azerbaijan, Armenia's longtime enemy, and now with Sunni Turkey

Vartan Oskanian sees the solution to the current situation in Yerevan in political field only

Meeting of Vitaly Balasanyan and armed loyalists of jailed oppositionist is over; no details are reported

Maria Zakharova: We support measures taken by Armenia's authorities over seized Patrol Service Regiment in Yerevan

EU Delegation in Armenia makes a statement on recent events in Armenia

Forecast: Russian policy's stagnant Armenian vector fraught with "Ukrainization" of Armenia

Authorities send Vitaly Balasanyan to rebels as negotiator

View from Moscow: Role of April war in current protests in Armenia should not be underestimated

Healthcare Minister: None of those suffered in clashes at Khorenatsi Street is in extremely critical condition

Ara Abrahamyan: Situation in Yerevan demonstrates that there is a need for dialog between society and authorities

Azerbaijani side did not lead OSCE mission to its frontlines during planned monitoring of Line of Contact

Armenia's Economy Minister calls for tolerance and reasonableness

Analyst: In negotiations with Zhirayr Sefilyan's supporters authorities should consider factor of weapons fallen in the rebels' hands

Investigative Committee: 16 people arrested on suspicion of participating in mass disorder at Khorenatsi Street

In H1 2016, Anelik Bank increased deposit portfolio by 13.5% y-o-y due to significant growth of private deposits

Adversary continues to intensively violate ceasefire on Line of Contact

Armenian Police gives explanations related to clashes at Khorenatsi Street overnight

Police: 136 people detained following clashes at Khorenatsi Street

Armenian Prime Minister assures that the authorities will do everything possible for peaceful resolution of the situation

Regional

Over first months of 2014 Rosgosstrakh Armenia prevented over 30 attempts of fraud worth about 19 mln AMD

  • by Erik Abrahamyan

  • Friday, July 4, 01:59

Over the first months of 2014, the security service of Rosgosstrakh Armenia prevented over 30 attempts of fraud worth about 19 mln AMD. The press service of the insurance company has told ArmInfo that on the basis of Rosgosstrakh Armenia's statement, the law enforcement agencies have instituted criminal proceedings over three cases of fraud disclosed by the security service. Investigation is underway. The first instance courts have already criminated two more cases. 

The source says that in the first case three citizens of Armenia have been found guilty of large-scale fraud.  In the course of investigation of the road accident, the company's security employees found out that the driver, who committed the road accident, was replaced. As a result, the criminals were going to receive a 592 thsd AMD compensation from the company. According to the judgment, each of them, shall pay fines, which are 600-700 times as much as the minimum wages. 

In the second case, two residents of Noyemberyan were charged with attempted large-scale fraud in collusion. It has been found out that Mkhitar G. and Armen G. staged a road accident to receive 990 thsd AMD from Rosgosstrakh Armenia as compensation for the damage caused earlier. According to the court's verdict, each of them shall pay a fine, which is 500 times as much as the minimum wages. 

The company says that motor insurance fraud cases are the most frequent. In addition to replacement of the driver and staging of the accident, there has also been a case when the driver was brought to criminal responsibility for acquisition of the insurance policy after committing the accident. 
The security service of Rosgosstrakh Armenia reports that the cases of replacement of the guilty party has considerably declined in 2014. The matter concerns the cases when the owner of the car that suffered most introduces himself/herself as the aggrieved party to receive bigger compensation from the insurance company. Within the frames of the Bonus-Malus system, in 2014 the faultless drivers refuse to bear the others' blame, because it affects their insurance histories and raises the price of the motor third party liability insurance policy. 

According to the Ranking of Insurance Companies of Armenia prepared by the Agency of Rating Marketing Information, in Q1 2014 Rosgosstrakh Armenia was in the lead in the premiums collected over that period (3.4 bln AMD, up 2.5% versus Q1 2013). The company was also in the lead in the insurance payouts (2.1 bln AMD, up 24.5% versus Q1 2013). This amount was paid out for 11,750 insurable events.  For the moment, Rosgosstrakh Armenia provides 15 insurance classes. Moreover, it is the only insurance company that insures credit risks.  To note, Rosgosstrakh Armenia was founded in May 2008 and is licensed by the Central Bank of Armenia to provide non-life insurance. The company is a member of Rosgosstrakh Group (Russia). The authorized capital of the company is 3.44 bln AMD ($8.3 mln). The company has 46 offices throughout Armenia, including 18 branches, 13 sales offices in Yerevan and 33 offices in large cities of Armenia. In December 2011 Rosgosstrakh Armenia was the first in the insurance market of Armenia to be awarded with ISO 9001:2008 by Moody International. 

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