Tue, 15 April
8.1 C
Yerevan
USD: 390.92 RUB: 4.75 EUR: 445.10 GEL: 141.98 GBP: 515.78
spot_img

Insurance premiums in Armenia in Q2, 2023 amounted to AMD 17.7 bln.

YEREVAN, September 8. /ARKA/. Insurance premiums in Armenia amounted to over 17.7 bln drams in Q2, 2023, according to the National Statistical Committee.

In the first quarter of this year this figure was over 24.1 billion drams, while the annual indicator in 2022 was over 62.3 billion drams.

Of the total insurance premiums in the second quarter, personal insurance accounted for over 6.2 billion drams, property insurance for about 4 billion drams, liability insurance – for 636 million drams, compulsory insurance of liability arising from the use of land motor vehicles – for 6.2 billion drams.

Insurance payments during the reporting period amounted to over 10.7 billion drams (over 7.2 billion drams in the first quarter and over 29.2 billion drams in  2022).

Out of this amount  personal insurance payments accounted for over 3.6 billion drams, property insurance – for 551.2 million drams, liability insurance – for 7.3 million drams, compulsory insurance of liability arising from the use of land motor vehicles – for 6.1 billion drams.

There are 8 insurance companies operating in Armenia. -0-

spot_img

POPULAR

Euro exchange rate increases by 0.87 points to 433.28 AMD

The average market exchange rate of the U.S. dollar to the Armenian dram on April 10, 2025, decreased by 0.7 points compared to April 9 and amounted to AMD 391.08.

Unibank relaunches #47 branch

Unibank has reopened the #47 branch in Yerevan, decorated in a modern style to improve the convenience of customer service, the bank's press service reported.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia ratifies loan agreement with IBRD on €102 million healthcare coverage program

Armenia’s National Assembly’s committee on health issues has approved the ratification of a 102 million euro loan agreement with the International Bank for Reconstruction and Development (IBRD) on the universal healthcare coverage program.

TCF’s  AMD 400 million bonds listed on AMX, marking first precedent for tech companies in Armenia

The bonds of The Crowdfunding Formula (TCF) company were officially listed on the Armenian Stock Exchange (AMX) on April 7, 2025. TCF is the first technology company in Armenia to issue securities.

LATEST NEWS

spot_imgspot_imgspot_img