Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
Love Is… card from Unibank can win a trip to Paris Learn by Playing. A Series of Financial Literacy Games with Idram, IDBank and “Novosti-Armenia”Ucom and the Microsoft Innovation Center Collaborate on Cybersecurity EducationUnisport – Armenian Futsal Cup holderSummer starts with iced coffee, what if it brings bonuses too? Idram&IDBank AraratBank reduces loan interest rates for around 400 reliable SME customersTeam Holding Announces the Launch of the Third and Final Placement Phase of USD Bonds. Underwriter - Freedom Broker Armenia Unibank Launches Biometric Identification in UNIMobile App Unisport reaches the finals of the Futsal Armenian Cup and Premier League IDBank was the strategic partner of the “Women in Leadership Forum & Awards 2026”Unibank Launches Fee-Free Online Payroll Card IssuanceUcom Supported the First-ever Western Asia Regional FPV Drone Race in Armenia Protect Yourself from Fraud: Safety Tips from AraratBankUnibank Offers 50% Discount on Cards During WeekendsPlanning your trip from a scratch: tips from IDBankIDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” CampaignUnibank provided cashback to more than 2 000 reliable SME borrowers AraratBank Supports Another Successful Entry into the Capital Market“Cannot deliver your package”. IDBank warns about fake messages from ‘’HayPost’’Ucom and SunChild Continue Joint Initiatives for a Greener Future
All Timeline »
Society

GRAWE Group and C-Quadrat Investment Group have announced plans to acquire 100% of LIGA Insurance Company in Armenia

GRAWE Group (Austria) and C-Quadrat Investment Group (Austria) announced their intention to acquire 100% of LIGA Insurance Company, marking a milestone for the Armenian insurance market. The planned transaction represents the first entry of a renowned European insurance group into Armenia, underscoring the growing attractiveness of the country’s financial sector for international investors.

Founded in 1828, GRAWE Group is one of the oldest and most established insurance groups in Central and Eastern Europe with a long-standing commitment to financial stability, customer protection, and sustainable growth. As a key player in the European markets, the GRAWE Group consists of 21 insurance companies, 2 banks and other companies in the real estate sector. Subsidiaries in Central, East and Southeast European thirteen countries reflect GRAWE´s international orientation.

C-Quadrat Investment Group, headquartered in Vienna and London, is a leading independent asset manager with a global footprint, known for its broad investment expertise and long-term focus on Central and Eastern European markets and its expertise in asset management for institutional investors. Through its subsidiary C-Quadrat Ampega Asset Management Armenia, the C-Quadrat Investment Group has been successfully active in Armenia for over 10 years as an asset manager within the framework of the Armenian pension system.

The acquisition of LIGA Insurance Company is expected to bring European insurance standards, advanced risk management practices, and additional investment into Armenia’s developing insurance industry. The combined expertise of GRAWE Group and C-Quadrat aims to support innovation, strengthen consumer protection, and contribute to the overall professionalization of the market.

About LIGA Insurance Company

LIGA is one of Armenia´s leading insurance companies offering a wide range of insurance products and services across the country. The transaction would provide LIGA with access to new capital, international expertise, and operational know-how.

Regulatory Note

The completion of the transaction is subject to regulatory approval by the Central Bank of Armenia and other relevant authorities. Further details will be provided as the process progresses.