Thu, 12 June
22.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Three major Armenian insurance companies paid 68.7% of all compensation payments in the first seven months

YEREVAN, August 16. /ARKA/. Three major Armenian insurance companies paid 68.7% of all compensation payments for damages caused by 21,102 traffic accidents involving mandatory insured cars in the first seven months of this year, which amounted to 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 the reporting period of time amounted to about 5.8 billion drams.

Rosgosstrakh-Armenia company was said to have paid over 1.9 billion drams in compensations, more than any other company. It was followed by Ingo Armenia, which paid over 1.3 billion drams, and Reso, which paid over 739 million drams. These three companies satisfied 2,754 compensation applications.

The statement says insurance losses in January-July amounted to 74%, 2 percent less than in January-June.

The mandatory insurance against physical damage caused to other cars and individuals became mandatory in Armenia on January 1, 2011. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img