Tue, 8 July
24.1 C
Yerevan
USD: 384.11 RUB: 4.88 EUR: 450.45 GEL: 141.38 GBP: 522.39

Three companies paid 46.8% of compensation payments for damages from traffic accidents in eight months

YEREVAN, September 23. / ARKA /. Three major Armenian insurance companies paid 46.8% of all compensation payments for damages caused by 34,898 traffic accidents involving mandatory insured cars in the first eight months of this year, which amounted to 4.6 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 6.8 billion drams.

Rosgosstrakh-Armenia company was said to have paid over 2.270 billion drams in compensations, more than any other company. It was followed by Ingo Armenia, which paid about 1.5 billion drams, and Reso, which paid over 882 million drams. The statement says insurance losses in January-August  amounted to 73%, 1 percent less than in January-July.

The mandatory insurance against physical damage caused to other cars and individuals became mandatory in Armenia on January 1, 2011.  ($1- 406.71 drams).-0-

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

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

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.

Net inflow of remittances to Armenia from abroad increased by 13.9% over 5 months

The net inflow of private remittances in Armenia from abroad sent through the  banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img