Three Armenian insurance companies pay 66 percent of all compensations to holders of car insurances

YEREVAN, October 11, /ARKA/. Three Armenian insurance companies accounted for 66 percent of all reimbursements paid to owners of compulsory vehicle insurances in the first eight months of 2012. In terms of money it amounted to 3.8 billion drams, the Bureau of Car Insurers said in a statement posted on its official website.

According to the statement, the total amount of all compensations paid to holders of car insurances in January-August was 5.8 billion drams. The leading company in terms of paid compensations was Rosgosstrakh-Armenia that paid 1.8 billion drams. It was followed by Ingo Armenia (over 1.3 billion drams) and Reso (almost 700 million drams). Overall, these three companies received 18.031 reimbursement applications.

The mandatory insurance against physical damage caused to other cars and individuals was introduced on January 1, 2011. This insurance type is supervised by the Central Bank’s financial oversight service. ($1-406.67 drams).-0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 31 – September 6)

Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.15 points on September 7, 2026, compared to September 4, to 363.7 drams.

IMF identifies barriers to attracting private investment in climate projects in Armenia – report

Significant gaps in climate risk management, ESG competencies, information disclosure, and climate data continue to limit private sector investment in Armenia, according to the International Monetary Fund's "Armenia: Climate Policy Diagnostic - July 2026" report, published on September 3, 2026.

EDB forecasts inflation in Armenia at 4.4% by the end of 2026

Inflation in Armenia will reach 4.4% year-on-year by the end of 2026, according to the Eurasian Development Bank (EDB).

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.31 points on September 10, 2026, compared to September 9, to 363.89 drams.

LATEST NEWS

spot_imgspot_imgspot_img