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Insurance companies collected 19.5 billion drams in insurance premiums in 2018, by 5.5% more than in 2017

YEREVAN, February 27. /ARKA/. According to the Armenian Bureau of Car Insurers, some 902,365 compulsory vehicle insurance contracts were concluded un 2018, up from 810,026 in 2017. Insurance companies also collected a total of 19.5 billion drams in insurance premiums, by 5.5% more than in 2017.

Six Armenian insurance companies received last year 67,401 car insurance compensation claims, up from 60,588 in 2017. The amount of paid compensation claims grew by 16.8% to 13.9 billion drams.

The mandatory insurance against physical damage caused to other cars and individuals became mandatory in Armenia on January 1, 2012. ($1 – 488.83 drams). -0-

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Armenia registered an inflation rate of 3.4% in July.

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Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

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Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

Average settlement rate of dram to dollar in July was 1% lower than a year ago

In July 2025, the average settlement rate of the Armenian dram to the US dollar was 384.1 drams, which is 1% lower than the same indicator in June 2024 (388.1 drams).

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