Three Armenian insurance companies paid last year 3.5 billion drams in compensations to owners of car insurances

YEREVAN, February 7, /ARKA/. Three Armenian insurance companies paid last year 3.5 billion drams in compensations to their clients who bought their car insurances. The amount represented 63.7% of all compensations paid to car insurance owners last yea by eight companiesr, the car Insurers Bureau said today.

Rosgosstrakh Armenia was said to pay 1.8 billion drams, Ingo Armenia -1.1 billion drams and Reso- 705.6 million drams. They received last year a total of 15,900 compensation applications.

The mandatory insurance against physical damage caused to other cars and individuals became mandatory in the country on January 1, in accordance with a government-drafted law passed by the Armenian parliament last year. ($1-388.11 drams). -0-

spot_img

POPULAR

Armenian dram strengthens against US dollar and weakens against euro and ruble

YEREVAN, August 21. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market on August 21, 2026, fell by 0.1 point to 365.16 drams compared to August 20.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

Record growth of Armenia’s reserves to $6.9 billion in June provided a buffer amid heightened geopolitical risks – S&P

Armenia's international reserves increased by approximately 40% year-on-year to a record $6.9 billion in June 2026, helping to strengthen the country's external reserves despite heightened geopolitical risks, according to a report by international rating agency S&P Global Ratings.

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.

A unique greenhouse complex opened in Armenia

A unique greenhouse complex for tomato cultivation, equipped with artificial intelligence, robotics, and the latest technologies, has officially opened in the village of Nor Yedesia in the Aragatsotn region, according to the press service of Acba Bank.

LATEST NEWS

spot_imgspot_imgspot_img