Volume of insurance premiums in Armenia in Q3 made up 15.3 billion drams

YEREVAN, 9 December. /ARKA/. The volume of insurance premiums collected in Armenia in the third quarter of the current year made up 15.3 billion drams, the report of the National Statistical Committee on ‘Activities of Armenian Insurance Companies in the Third Quarter of 2024’ says.

In the first quarter of the current year this indicator was a little over 23 billion drams, in the second quarter – about 16.4 billion drams, and the annual indicator for 2023 – about 73.3 billion drams.

Out of the total volume of insurance premiums in the third quarter about 7.6 billion drams fall on compulsory insurance of liability arising from the use of land motor vehicles, over 4.4 billion drams on personal insurance, about 2.7 billion on property insurance, 370.4 million drams on liability insurance, 264.2 million drams on other types of insurance.

The volume of insurance payments during the reporting period totalled 11,174.2 million drams (10,144.9 million drams – in the first quarter, 10,316.4 million drams – in the second quarter, 37,442.2 million drams – for 2023).

Out of this volume, 5, 290.3 million drams falls under compulsory insurance of liability arising from the use of land motor vehicles, 4, 699.3 million drams – under personal insurance, 1, 071.9 million drams – under property insurance, 20.6 million drams – under liability insurance, and 92.2 million drams – under other types of insurance.

There are 8 insurance companies operating in Armenia. ($1 – 401.31 drams) -0-.

spot_img

POPULAR

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

Armenia to allocate approx. €7.4 million for water infrastructure works; EIB loan availability period extended

YEREVAN, October 15. /ARKA/. Armenia will allocate approximately €7.4...

Exchange rates of the euro, dollar, and ruble against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's foreign exchange market fell by 0.3 points on October 14, 2026, compared to October 13, settling at 361.43 drams.

Euro and dollar exchange rates against the Armenian dram fell, while the ruble continued to rise – Central Bank of Armenia 

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.48 points on October 13 compared to October 12, settling at 361.73 drams.

LATEST NEWS

spot_imgspot_imgspot_img