Yerevan/Mediamax/. “Cascade Insurance” has summed up the results of the first quarter, 2010.

As Mediamax was informed in the press service of “Cascade Insurance” during the first quarter of 2010 Cascade Insurance has collected over 182mln AMD premiums and has paid over 81mln AMD in compensations.

By insurance premium-compensation correlation the company has secured for itself the leader’s position in Armenian insurance market, the press service noted.
In 3 months, 2010, the company received over 1500 claims, which “evidences about the development dynamics of insurance culture among the customers of the company”.

In lines of motor third party liability insurance “Cascade Insurance” occupies the second position in the market.

“In this segment, the company has quite significant experience, and there are all grounds for providing customers with quality services after the expected implementation of compulsory insurance of motor  civil liability”, the company stressed.