Armenian insurance companies pay 504.4 million drams in 2,537 car insurance compensation in January

YEREVAN, February 18. / ARKA /. All six Armenia-based insurance companies paid 504.4 million drams in 2,537 car insurance compensation claims in the first month of 2015, a drop of 19.5% compared to the first month of 2014, 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 – 180.2 million drams. Ingo Armenia was second with 121.6 million drams and SIL Insurance was third with about 70.5 million drams paid in insurance claims.

Nairi Insurance paid 45.8 million drams, Armenia Insurance – 39.3 million drams, Reso – 38.6   million drams.

According to the statement, the companies paid 620 million drams in 3,004 claims. The average amount of a claim was 206, 2762 drams.

Also the total amount of insurance premiums in 2015 January fell by 19% from the year before to t 3.8 billion drams.  According to the statement, at the end of January 2015 there were 433,464 insured vehicles in Armenia.

The mandatory insurance against physical damage caused to other cars and individuals became mandatory in Armenia on January 1, 2012. – ($1-479.48 drams).  —0–

spot_img

POPULAR

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

US dollar, euro, and ruble up against  Armenian dram

YEREVAN, August 20. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of August 20, 2026, increased by 0.3 points to 365.26 drams compared to August 19.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

LATEST NEWS

spot_imgspot_imgspot_img