Sat, 4 October
24.1 C
Yerevan
USD: 382.76 RUB: 4.67 EUR: 449.25 GEL: 140.62 GBP: 514.85

Three Armenian insurance companies settle 64% of car accidents in 11 months of 2011

YEREVAN, January 10. /ARKA/. Rosgosstrakh-Armenia, Ingo-Armenia and Reso insurance companies settled 22,383 cases in the first 11 months of 2011 involving car damages. They accounted for 64.6% of all cases, having paid a total of 3.05 billion drams in compensation, according to a report by Car Insurers Bureau.

It said Rosgosstrakh-Armenia paid 1.6 billion drams in compensations, Ingo-Armenia– about 860 million drams, and Reso – 604.4 million drams. The amount of declared but not settled losses amounted at the end of November to 1.1 billion drams, and the amount of unearned bonuses to about 2 billion drams.

The mandatory insurance against physical damage caused to other cars and individuals became mandatory in the country on January 1,2011. According to the government data, there are some 430,000 or so vehicles registered in Armenia. There are eight insurance companies in Armenia. ($ 1-385,51 drams).-0-

spot_img

POPULAR

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.

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.

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