Fri, 3 October
11.1 C
Yerevan
USD: 383.34 RUB: 4.70 EUR: 450.50 GEL: 140.80 GBP: 516.82

Actuary: “Ingo-Armenia” Covers About 20% Of Mandatory Car Insurance Market

YEREVAN, January 19. /ARKA/. The company “INGO-ARMENIA” covers about 20% of the Armenian market of mandatory car insurance, said responsible actuary of the company Hayk Zaimtsyan.

The company has already registered about 60 thousand contracts of mandatory car insurance. Process of car insurance polis will finish in February.

Zaimtsyan informed that currently “INGO-ARMENIA” has paid 4 million drams for compensation.

This amount was paid by facilitated regime of compensation which assumes payment by the agreement between the parties in the amount of 200 thousand drams. Compensation process exceeding 200 thousand drams has not started yet as relevant expertise is being conducted.

From January 1, 2011, 240 calls on car accidents was registered. In some cases car owners insured in “INGO-ARMENIA” were guilty and in some cases – clients of the company acted as sufferers.

Many car accidents were registered in the first days of January due to by bad weather and holidays.

On Wednesday, “INGO-ARMENIA” paid insurance compensation in the amount of 178 thousand drams for car accidents where the driver insured in the company was guilty.

Mandatory car insurance was introduced from January 1, 2011 in Armenia with the aim of compensation payment to the sufferers in the result of using transport means, as well as protection of sufferers rights.

There are about 430 thousand cars in Armenia, of which about 65% of cars have mandatory car insurance polis. The size of insurance payments by mandatory car insurance is about 7.8 billion drams. ($1 – 365.82 drams). –0—

spot_img

POPULAR

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img