Amount of compensation of “Rosgosstrakh-Armenia” by mandatory car insurance payments was 325 million drams in total amount of loss of 460.4 million drams

YEREVAN, April 28. /ARKA/. As of April 23, “Rosgosstrakh-Armenia” paid 1752 compensations in the amount of 325 million drams, said the head of Marketing and Communications Department of the company Emma Mozharova.

Total amount of loss of mandatory car insurance is 460.4 million drams.

Since 2011 the company signed 133800 mandatory car insurance contracts. The volume of collected insurance premiums is 3.8 billion drams.

During the reporting period the company recorded 2486 mandatory car insurance cases.

Mozharova said that due to the lack of data of other insurance companies, today it is difficult to determine the share of the company “Rosgosstrakh-Armenia” in the mandatory car insurance market.

As stated earlier, Vice-President of ROSGOSSTRAKH on strategic business development, member of shareholders’ council, curator for Armenia Rafael Minasbekyan said that “Rosgosstrakh-Armenia” covers 36% of mandatory car insurance in the country.

According to the Bureau of car insurers of Armenia, since the beginning of the year to April 25, 411980 mandatory car insurance contracts were signed, the amount of actually paid compensations was 925.2 million drams and amount of insurance premiums – 11.2 billion drams.

In Armenia, from January 1, 2011 a law “On mandatory insurance of cars” entered into force.

There are about 430 thousand cars in the country.

CJSC ROSGOSSTRAKH ARMENIA was established in May 2008 and operates under the license
№ 0009 for the implementation of “non-life insurance” issued by the Central Bank of Armenia on May 20, 2008. The company is within the group of companies ROSGOSSTRAKH (Russia). ($1 – 372.35 drams). –0–

spot_img

POPULAR

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.

LATEST NEWS

spot_imgspot_imgspot_img