Three Armenian insurance companies paid 68.5% of all compensation payments for damages caused by traffic accidents in January

YEREVAN, March 6. / ARKA /. Three Armenian insurance companies paid 68.5% of all compensation payments for damages caused by traffic accidents involving mandatory insured cars in January of this year which amounted to 510.4 million drams, the Bureau of Car Insurers said in a statement, posted on its official website. According to the statement, total compensations paid by all insurance companies in January amounted to about 744.3 million drams.

Rosgosstrakh-Armenia Company was said to have paid 240.2 million drams in compensations, more than any other company. It was followed by Ingo Armenia, which paid 169 million drams, and Reso – about 101.3 million drams. These three companies received 2,754 compensation applications.

The mandatory insurance against physical damage caused to other cars and individuals became mandatory in Armenia on January 1, 2011. According to official numbers, there are about 430,000 vehicles in Armenia. -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 2–8)

The past week in the Armenian financial market was marked by the publication of macroeconomic data, capital market activity, and the continued regulatory adjustment of the payment infrastructure.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

LATEST NEWS

spot_imgspot_imgspot_img