Mon, 9 June
28.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Rosgosstrakh Armenia signs more than one million mandatory vehicle insurance contracts

YEREVAN, November 10. / ARKA /. Rosgosstrakh Armenia, a subsidiary of Russian Rosgosstrakh insurance company, said today it became the first in Armenia to have signed more than one million mandatory vehicle insurance contracts. The company said these numbers show the high level of citizens’ trust in their services.

According to data of the Bureau of Car Insurers of Armenia, Rosgosstrakh Armenia has been the market leader not only by the number of contracts, but also in terms of insurance compensation claims it has paid over five years.

Rosgosstrakh Armenia executive director Gagik Grigoryan is quoted as saying in a press release that  the achievement  is also a great responsibility and a great experience, given that they are constantly improving the quality of their  services.

Since the enactment of the law on mandatory insurance of vehicles 5 years ago the company’s employees have handled 106,000 car accident paying insurance compensation claims to more than 71,000 people. The office of Financial Ombudsman received 479 complaints from car owners, which make only 0.67% of the total compensation claims.

Rosgosstrakh Armenia was established in 2008. It is part of Russian Rosgosstrakh Insuarnce Company. The Armenian subsidiary’s authorized capital is worth 4.5 billion drams. It is  represented in all the cities of the country, running 47 offices, including 18 branches and 13 sales offices in Yerevan and 34  in  major regional centers and cities

In  2011, the company was the first  insurance company in Armenia to be awarded the ISO 9001: 2008 certificate of compliance  from the Moody International.-0-

spot_img

POPULAR

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank leaves refinancing rate unchanged taking into account high uncertainty in US economic policy

The Central Bank of Armenia decided today to leave the refinancing rate unchanged at 6.75% taking into account a set of factors such as  the continued high uncertainty surrounding the US economic policy, declining confidence in the global economy, growth slowdown and  a possible  weakening demand in Armenia, the head of the regulator Martin Galstyan said at a press conference on Tuesday.

Armenia’s public debt increased by 4.4% to 5.3 trillion drams – Finance Minister

Armenia's public debt as of March 31 is 5.3 trillion drams, an increase of 4.4% compared to December 31 last year, and 5.8% in dollar terms, said Finance Minister Vahe Hovhannisyan.

LATEST NEWS

spot_imgspot_imgspot_img