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

Euro fell 4.82 points against the Armenian dram: 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 June 18, 2026, increased by 0.13 points compared to June 17, reaching 368.19 drams.

Central Bank of Armenia does not expect a significant inflationary effect from the increase in excise taxes

Raising excise taxes on certain goods will not lead to significant inflationary consequences in Armenia, according to Central Bank Chairman Martin Galstyan.

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 8-14)

The week in Armenia's financial market was influenced by decisions by international financial institutions, currency dynamics, capital market data, and the debt agenda.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly:  Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 16, 2026, increased by 0.15 points compared to June 15, reaching 368.21 drams.

LATEST NEWS

spot_imgspot_imgspot_img