Sun, 30 November
6.1 C
Yerevan
USD: 381.43 RUB: 4.86 EUR: 440.89 GEL: 141.17 GBP: 503.72

Some 7.2 billion drams paid in insurance premiums in quarter three

YEREVAN, December 3. /ARKA/. Total insurance premiums paid in the third quarter of 2014 to 8 insurance companies amounted to 7.2 billion drams, a decrease of 33.3%, according to ArmStat.

According to the statistics, personal insurance premiums amounted to 1,786.9 million drams and car insurance premiums were 3,164.5 million drams. Premiums paid for property insurance and liability insurance were 1,575.6 million drams and 340.9 million drams respectively. Other insurance premiums amounted to 278.5 million drams in the period.

Insurance payments by insurance companies in the third quarter totaled 3.9 billion drams, a reduction of 54.8% compared to the quarter before.

Mandatory car insurance payments amounted to 2,271.5 million drams. In the period, insurance payments totaled 1,054.4mln drams on personal insurance, 378.8 million drams on property insurance, 15.3 mln drams on liability insurance and 171.5 million drams on other insurance.

Insurance amount under the current agreements were 10,453 billion drams in the reporting period (8.7% increase).

Number of valid insurance agreements was 628,202 in the third quarter. ($1 – 442.33 drams).–0—

spot_img

POPULAR

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img