Armenian insurance companies pay 4.8 billion drams in 8-month car insurance compensation claims

YEREVAN, September 16. /ARKA/. Six Armenia-based insurance companies paid a total of 4.8 billion drams in 25,332 car insurance compensation claims in the first eight months of 2016, a decrease of 5.8% when compared to the same time span of 2015, 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 – 1.688.7 billion drams. Ingo Armenia was second with about 953.1 million drams, while Nairi Insurance was third with 707.8 million drams.

Sil Insurance paid 573.5 million drams, Reso Insurance -523.4 million drams and Armenia Insurance –about 316 million drams. The average amount of a claim in 2016 August was 200,312 drams.
Also the total amount of insurance premiums collected in the first eight months of 2016 grew by 0.8% from the year before to 12 billion drams.

According to the statement, at the end of August 2016 there were 447,787 insured vehicles in Armenia, by 3,208 more than in 2016 August.

The mandatory insurance against physical damage caused to other cars and individuals became mandatory in Armenia on January 1, 2012. ($1 – 474.00 drams). .—0–

spot_img

POPULAR

Euro ups against Armenian dram, as  US dollar and Russian ruble fall

YEREVAN, August 10. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market, fell by 0.29 points on August 10, 2026, compared to August 7, to 365.88 drams.

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.

“Urgently Confirm Your Card Details”: IDBank Warns of Hotel Booking Scams

The vacation season traditionally becomes a peak time not only for tourists, but also for scammers. One of the most dangerous schemes in recent years targets users of hotel booking services.

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

LATEST NEWS

spot_imgspot_imgspot_img