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

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 31, 2026, decreased by 0.38 points compared to March 30, to 377.16 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

Armenia’s National Assembly Committee Approves Martin Galstyan’s Candidacy for Central Bank Governor

At its meeting on Monday, Armenia's Parliamentary Committee on Financial, Credit, and Budgetary Affairs approved Martin Galstyan's candidacy for the position of Central Bank Governor, nominated by the ruling Civil Contract faction.

LATEST NEWS

spot_imgspot_imgspot_img