Three insurers in Armenia paid over 2.5 mln drams in car insurance compensations in Jan-Apr

YEREVAN, June 4./ARKA/. The three insurance companies in Armenia paid nearly 2 527,8 million drams in mandatory car insurance compensations, it accounted for 69.2% of all compensations, according to Motor Insurance Bureau of Armenia.

Total amount of all compensations within January-April 2013 valued at nearly 3 648,7 million drams.

Rogosstrakh-Armenia company paid most of compensations – 1 162,2 million drams. The next company is Ingo Armenia – over 878.8 million drams and Reso- over 486.7 million drams.

Compensation applications submitted to top 3 companies accounted to 12, 915 within the reported period.

The loss of the insurance market in April stood at 77.5%, which was 2% lower from a month earlier.
Institute for mandatory motor insurance has been operating in Armenia since 1 January 2011.The Central Bank of Armenia has been controlling the insurance market since 1 January 2006. ($1-416.84 drams).—0-

spot_img

POPULAR

Armenia to Introduce Electronic Seizure of Information Constituting Banking Secrets

At its session on Wednesday, the National Assembly of Armenia adopted in the first reading a legislative package amending the Criminal Procedure Code of the Republic of Armenia and related laws.

Armenian insurance company Prime Insurance Brokers has received Lloyd’s Broker accreditation

Armenian insurance company Prime Insurance Brokers LLC has received accreditation as a Lloyd's broker.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (March 16-22)

The past week in Armenia's financial market saw little change, with monetary policy parameters maintained, updated banking data published, and external and fiscal risks clarified.

Euro fell 2.07 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of March 19, 2026, fell by 0.12 points compared to March 20, to 377.38 drams.

Euro rose 3.82 points against the Armenian dram, while the dollar fell – Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 24, 2026, fell 0.06 points compared to March 23, to 377.32 drams.

LATEST NEWS

spot_imgspot_imgspot_img