RGS-ARMENIA Insurance Closed Joint Stock Company was established in May 2008 and operates under license number APO 0009 to perform "non-life insurance", issued by the Central Bank of the Republic of Armenia, May 20, 2008. The authorized capital of RGS-ARMENIA is 4.5 billion drams (10.8 million US dollars). The Board members of the Company are leading experts and top managers within ROSGOSSTRAKH Group of Companies. The Company employs over 300 people, among them are the best specialists of the insurance market of Armenia. The Company mission: We are creating civilized insurance market in Armenia.