In January-March 2025, the insurance revenue of RA insurance organizations amounted to AMD 16.6 billion, a 0.6% or AMD 95 mln increase compared to the same period in the previous year.
In the first quarter of 2025, Liga Insurance led the market with insurance revenue of AMD 3.1 billion and 18.9% market share, followed by Nairi Insurance with 18.6% and EFES with 18.5% shares.
EFES recorded the largest absolute growth in the market, with an increase of AMD 1.3 billion, primarily driven by its strengthened competitive position in the health insurance segment.