Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

YEREVAN, March 11. /ARKA/. Amendments to the rules of the compulsory motor third-party liability insurance (CMTPLI) system will come into effect in Armenia on April 1, 2026, providing for an increase in maximum insurance payout limits, according to the Bureau of Motor Insurers of Armenia.

According to the new rules, the property damage compensation limit per injured party will increase from 1.8 million drams to 2.5 million drams.

The compensation limit for damage to life and health will increase from 3.3 million drams to 3.5 million drams per injured party.

The Bureau also noted that the overall insurance payout limits for a single road traffic accident for all victims are also increasing to 25 million drams for property damage and 35 million drams for damage to life and health.

The full version of the changes to the MTPL rules can be found at the following link:
https://api.appa.am/b42dd00d-2493-48ad-80b1-54bcb684f67d/61f88dc3-4da9-4436-a2c7-62e698cf708e.pdf

spot_img

POPULAR

Converse Bank Completes the Placement of EBRD Bonds

Converse Bank acted as the EBRD's key partner throughout the transaction, arranging the bond issuance and the guaranteed placement of the bonds

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (June 29 – July 5)

The week in the Armenian financial market was dominated by regulatory and institutional adjustments.

Idram is the general partner of the “Towards Conscious Parenting 2026” annual conference     

Idram and the "Parenting Community" NGO are collaborating for the second year in a row, aiming to support families and contribute to shaping a more conscious and financially literate generation.  

Market capitalization increased by 7.43% in June, exceeding AMD 492 billion – Armenia Securities Exchange

Equity market capitalization in June 2026 exceeded AMD 492.7 billion, an increase of 7.43%, the press service of the Armenia Securities Exchange (AMX) reported.

Non-resident investment in dram bonds in Armenia has nearly doubled, Central Bank Board Member

A rather interesting picture of increased foreign investment is emerging in Armenia's capital market, said Armen Ktoyan, a member of the Board of the Central Bank of Armenia, in an interview with CivilNet.

LATEST NEWS

spot_imgspot_imgspot_img