Fri, 20 February
-2.9 C
Yerevan
USD: 376.94 RUB: 4.92 EUR: 444.34 GEL: 140.85 GBP: 508.34

Armenian three companies paid over AMD 3.2 bln in mandatory car insurance payments

YEREVAN, September 5. /ARKA/. Three Armenian insurance companies paid 3 209,9 million drams (65.4% of total payments) in mandatory car insurance payments within January-July, according to the Motor Insurers’ Bureau of Armenia.

Total payments made by all insurance companies in Armenia fetched up over 4.9 billion drams within the reported period.

The source says the top leader in these payments is Rosgosstrakh- Armenia – 1,526,3 million drams. Ingo Armenia – over 1075,1 million drams and Reso- over 608,5 million drams come next.

At the same time, the three companies made 15716 mandatory car insurance payments.

Institute for mandatory motor insurance has been operating in Armenia since 1 January 2011.

The Central Bank of Armenia has been controlling the insurance market since 1 January 2006. ($1-410.5 drams). -0-

spot_img

POPULAR

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

U.S. dollar, euro, and ruble drop against Armenian dram

As of February 13, 2026, the average market exchange rate for the US dollar against the Armenian dram, established on the foreign exchange market, has dropped by 0.63 points from February 12, now standing at 376.94 drams.

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

LATEST NEWS

spot_imgspot_imgspot_img