Three major insurance companies pay 67.7% of all traffic accidents compensation in 11 months

YEREVAN, December 16, / ARKA /. Three major Armenian insurance companies paid 67.7% of all compensation payments for damages caused 33,439 traffic accidents involving mandatory insured cars in the first 11 months of this year, which amounted to around 6.5 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 9.5 billion drams.

Rosgosstrakh-Armenia company was said to have paid over 3.2 billion drams in compensations, more than any other company. It was followed by Ingo Armenia, which paid over about 2 billion drams, and Reso, which paid over 1.2 billion drams. Their insurance losses in January-November amounted to 76%.

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

spot_img

POPULAR

Up to AMD 1 billion in business financing: Byblos Bank Armenia’s new offer

Byblos Bank Armenia is offering preferential terms for businesses seeking financing or refinancing, including:

Net inflow of remittances to Armenia from abroad increased by approximately 2.2 times in 7 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.56 billion in January-July 2026, compared to $716.6 million in January-July 2025, according to a report from the Central Bank of the Republic.

Unibank Launches a New Promotion “U-Teenager”: Grand Prize — a Summer Course at One of the Top Universities Abroad

Unibank has launched a new promotion for Arca U-Teenageр cardholders, with the grand prize of AMD 1 500 000 to participate in a summer educational program at one of the leading universities abroad.

“Unisport” Advances to the Main Round of the UEFA Futsal Champions League

Armenian champions and cup winners "Unisport" have secured a place in the main round of the UEFA Futsal Champions League after recording three consecutive victories in the preliminary round of the tournament.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 24–30) 

Armenia's financial agenda last week was determined by the Central Bank's inflation signals and monetary policy transmission, the state of international reserves, and the state's debt parameters.

LATEST NEWS

spot_imgspot_imgspot_img