Volume of compensations for mandatory car insurance in 2011 in Armenia was about 5.6 billion drams

YEREVAN, February 2. /ARKA/. Armenian insurance companies as of December 31 paid 24 914 compensations of mandatory car insurance in the total amount of about 5.6 billion drams, states the site of car insurers of Armenia.

“As of December 31 over 392.7 thousand transport means were insured in Armenia, the number of applications for getting compensation was about 27 thousand, and the applications were not satisfied in 348 cases”, states the site.

At present, compensations in the total amount of 93.4 million drams are in the process of payment.

The volume of insurance premiums in 2011 was about 14.835 million drams.

Today in the insurance market of Armenia eight companies are operating. Institute of mandatory car insurance operates in Armenia since January 1, 2011.

Total assets of Armenian insurance companies as of September 30 are 28.8 billion drams, total liabilities – 14.1 billion drams and total capital – 14.7 billion drams.

Since January 1, 2006 the control over the insurance market in Armenia is implementing Central Bank of Armenia –0–

spot_img

POPULAR

Euro and US dollar exchange rates against the Armenian dram have declined, while the ruble has continued to rise: Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 22, 2026, fell by 0.07 points compared to October 21, reaching 361.33 drams.

Armenian banks’ profit grew by 8.6% to 334.4 billion drams over 9 months

The aggregate after-tax profit of Armenian banks for the period from January to September 2026 reached 334.44 billion drams, compared to 307.87 billion drams for the same period in 2025.

ACBA Bank issues bonds totaling 10 billion drams and $10 million

ACBA Bank is offering, via a public offering, two tranches of non-documentary coupon bonds, with a total volume of 10 billion drams and $10 million. The offering period runs through February 20, 2027.

VTB (Armenia) supports the Newmag BOOK DONATION initiative in the city of Hrazdan

VTB (Armenia) continues to support the socially significant "BOOK DONATION" project by the Newmag publishing house, which aims to replenish library collections in Armenia’s regions with contemporary literature.

Credit investments by Armenian banks exceeded 9 trillion drams in the first 9 months

As of September 30, 2026, credit investments by Armenian banks reached 9.01 trillion drams.

LATEST NEWS

spot_imgspot_imgspot_img