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-

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