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

Business, Banks, and Investment: Biodiversity Financing to be Discussed at COP17 in Yerevan

A "Business and Biodiversity Forum" will be held in Yerevan as part of COP17, focusing on the private sector's role in achieving international biodiversity conservation goals.

Exchange rates of the euro, dollar, and ruble against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's foreign exchange market fell by 0.3 points on October 14, 2026, compared to October 13, settling at 361.43 drams.

Armenia to Allow Online Execution of Certain Real Estate Collateral Agreements Without a Notary

Legislative amendments in Armenia will now allow for the electronic execution without the need for notarization of standard, mixed-type real estate collateral agreements involving banks or credit organizations.

EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%

The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.

Euro and US dollar exchange rates against the Armenian dram have fallen, while the ruble has risen: Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 19, 2026, decreased by 0.98 points compared to October 16, settling at 361.36 drams.

LATEST NEWS

spot_imgspot_imgspot_img