Tue, 16 September
21.1 C
Yerevan
USD: 383.12 RUB: 4.62 EUR: 450.36 GEL: 141.63 GBP: 521.31

Mandatory car insurance tariffs may rise in 2013- INGO Armenia

YEREVAN, January 8. /ARKA/. Executive director of Ingo Armenia Levon Altunyan said mandatory car insurance tariffs may climb in 2013.

“The speculations around raising mandatory car insurance tariffs are becoming more and more reasonable,” he said in the interview with ARKA news agency.

According to the Armenian Motor Insurers’ Bureau, the insurance companies paid nearly 8.2 billion drams in  39,665 mandatory car insurance compensations in January-November 2012. The insurance premiums stood at 13.6 billion drams over 11 months.

Altunyan said there is much in store for this year as the client base has been increasing many times since last year.

All types of insurance reported progress last year, except for casco insurance, as this sector received less funding through the banking system, therefore the volume of the insurance premiums of this type has also dropped, according to him.

Altunyan also said the most important event of 2012 was adoption of a number of regulations related to medical insurance enlargement. —0–

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro and dollar rise against Armenian dram, while ruble falls

The average market exchange rate of the US dollar to the Armenian dram as of September 9, 2025, rose by 0.45 points compared to September 8 and amounted to 382.95 drams.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

LATEST NEWS

spot_imgspot_imgspot_img