INGO Armenia ICJSC (INGO or the Company) has concluded the 2025 financial year, delivering strong performance.

According to the Company’s CEO, Rafik Suvaryan, effective risk management and strategic decision-making enabled INGO to strengthen its market position and deliver exceptional results in 2025, despite internal and external challenges.

During 2025, the Company supported approximately 310,000 customers, while simultaneously implementing solutions aimed at continuously improving the customer experience.

Key Achievements in the 2025 Financial Year 

In 2025, the Company’s gross premiums reached AMD 13.7 billion, marking a remarkable 76% increase compared to 2024 and securing second place in the market.

The Company also reported a net profit of AMD 25.5 million. 

INGO maintained its position as the market leader in total assets, which reached AMD 28.5 billion in 2025, representing a 53.5% increase compared to 2024. 

The Company’s equity also rose to AMD 5.7 billion.

At the same time, the Company’s investment activities showed significant progress. Net investment income reached AMD 1.4 billion, representing a 34.5% increase compared to 2024. Based on these results, the Company stands out as a market leader and ranks first in the sector in terms of efficiency in investment activities.


During the year, the Company made significant investments in the development of digital solutions, the enhancement of service quality, the strengthening of risk management and the development of human capital.

“2025 was a year of strategic maturity and strong governance for INGO. Despite internal and external challenges, we were able not only to overcome them but also transformed them into opportunities for growth. I believe the numbers speak for themselves, as we achieved leading positions across a number of key indicators.

These results are the outcome of our customers’ trust, strong collaboration with our partners and the dedicated work of our team. Building on this foundation, we will confidently continue to implement our long-term strategy, focused on sustainable growth, introduction of innovative solutions and the further strengthening of INGO’s leading position,” said Rafik Suvaryan, CEO of INGO Armenia ICJSC.

“INGO ARMENIA” ICJSC is supervised by the Central Bank of Armenia. 

“INGO ARMENIA” ICJSC 

For more than 27 years, Ingo Armenia ICJSC (INGO) has been offering comprehensive insurance solutions to individual and corporate clients, tailored to meet the specific needs and requirements of each. As a trusted partner, INGO serves leading Armenian companies, banks, and thousands of individuals, offering protection against financial losses in a wide range of unforeseen circumstances.