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

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.

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

“Solis” CJSC’s bonds listed on Armenia Stock Exchange

YEREVAN, August 18. /ARKA/. The range of companies listed on the Armenia Stock Exchange (AMX) continues to expand, contributing to the development of the capital market and creating new opportunities for businesses.

US dollar, euro, and ruble drop against Armenian dram

YEREVAN, August 18. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market as of August 18, 2026, fell by 0.25 points to 365.25 drams compared to August 17.

LATEST NEWS

spot_imgspot_imgspot_img