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

Moody’s Ratings affirms Unibank’s B1 ratings with a stable outlook

Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

Euro fell 4.82 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of June 18, 2026, increased by 0.13 points compared to June 17, reaching 368.19 drams.

Armenia records an influx of capital and growing interest from international investors – Central Bank head

Armenia is experiencing a significant influx of capital and growing interest from international investors, said Martin Galstyan, Chairman of the Central Bank of Armenia.

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img