Thu, 14 August
25.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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 registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro Jumps 1.93 Points to AMD 445.22 as USD drops slightly

The average market exchange rate of the US dollar to the Armenian Dram on August 6, 2025, fell by 0.35 points compared to August 5 and amounted to AMD 383.68.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenian Central Bank unveils amendments to law On Combating Money Laundering and Terrorist Financing

On August 8, 2025, the law "On Amendments and Additions to the Law "On Combating Money Laundering and Terrorist Financing" will come into force in Armenia.

Armenia’s total public debt exceeds $13.8 billion

As of June 30, 2025, Armenia's total public debt amounted to $13,852,137 million, which is an increase of $116,520 million compared to May 31, 2025.

LATEST NEWS

spot_imgspot_imgspot_img