Tue, 24 February
9.1 C
Yerevan
USD: 377.84 RUB: 4.93 EUR: 445.25 GEL: 141.25 GBP: 509.74

Armenian insurance companies paid 8.9 billion drams in car insurance compensation claims in eleven months

YEREVAN, December 23. /ARKA/. All seven Armenia-based insurance companies paid a total of 8.9 billion drams in 45,827 car insurance compensation claims in the first eleven months of this year, a decrease of 6.1% compared to January-November 2013, a statement posted on the official website of Armenia’s Car Insurers’ Bureau says.

According to the statement, the leading company by size of paid insurance claims was Rosgosstrakh – Armenia – 3,363.5 million drams. Ingo Armenia was second with about 1,713.3 million drams and Nairi Insurance was the third with more than 1,061.3 million drams paid in insurance claims.

Reso paid 1,054.6 million drams, Sil Insurance – 856.9 million drams, Armenia Insurance – about 667.9 million drams and Garant Insurance – 42.9 million drams.

Armenia’s Car Insurers’ Bureau paid about 115.8 million drams in car insurance compensations.

According to the statement, in November alone the companies paid about 732 million drams in 3,989 claims. The average amount of a claim was 195,093 drams.

According to the statement, at the end of November 2014 there were 450,479 insured vehicles in Armenia, by 1,615 more than in October.

Number of compensations claims exceeded 45,683 in January-November, of them 1,006 were declined. Claims worth a total of 115,483,000 drams are in the process of payment.

The amount of insurance premiums in January-November exceeded 15.5 billion drams, having increased by 10.5% compared to the same period last year.

Insurance against physical damage caused to other cars and individuals became mandatory in Armenia on January 1, 2012.  . ($1-456.17 drams). –0–

spot_img

POPULAR

Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

Ranking of most profitable credit institutions in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable credit institutions in Armenia for 2025.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

LATEST NEWS

spot_imgspot_imgspot_img