Health Insurance Market, 2021

  • In 2021, the size of the health insurance market of the RA was about AMD 12.6 billion.
  • The market leader was Ingo Armenia with a 30.8% market share, followed by Rosgosstrakh Armenia (26.7% share).
  • In 2021, the share of insurance companies' current compensations in the revenue structure was on average 71.3%, and in the case of Sil Insurance - 84.3%.
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