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

From Small Steps to Big Changes: “The Power of One Dram” Turns 6

Six years, around 45 foundations, more than 55 projects, and a budget reaching 300 million AMD.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

Special conditions for business development: ACBA Bank

ACBA Bank has unveiled special business financing offers for the development of small and medium-sized enterprises in Armenia, which are effective until July 31 inclusive.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 5, 2026, fell by 0.05 points compared to June 4, to 368.54 drams.

LATEST NEWS

spot_imgspot_imgspot_img