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

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

Amendments to the rules of the compulsory motor third-party liability insurance (CMTPLI) system will come into effect in Armenia on April 1, 2026, providing for an increase in maximum insurance payout limits, according to the Bureau of Motor Insurers of Armenia.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

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.

LATEST NEWS

spot_imgspot_imgspot_img