EXPORT INSURANCE AGENCY OF ARMENIA

Armenia's Ministry of Economy, which oversees also the agricultural sector, urged today farmers to insure their crops against hail and drought risks for 2024.  

The volume of insurance premiums in Armenia in 2023 amounted to about 73.3 billion drams, up from 62.3 billion drams in 2022, according to. the National Statistical Committee

Armenia's national currency, the dram,  continued to depreciate gradually against the USD, the World Bank says in its ‘Armenia Monthly Economic Update – January 2024

Armenian authorities are considering the possibility of assisting citizens in purchasing medicines within the framework of the medical insurance system, Armenian Prime Minister Nikol Pashinyan said, answering the questions of Armenian residents and representatives of the Diaspora online

The Armenian government plans to start introduction of a health insurance system from mid-2024, Health Minister Anahit Avanesyan told reporters today

Armenian lawyers are opposing a set of amendments to the laws "On Banking Secrecy" and "On Insurance and Insurance Activities" proposed by the State Revenue Committee (SRC).

More than 11 thousand hectares of agricultural lands in Armenia have already been insured against four types of losses due to adverse events, said Ira Panosyan, the head of Agricultural Programs Development Department at  the Ministry of Economy

Insurance premiums in Armenia amounted to over 17.7 bln drams in Q2, 2023, according to the National Statistical Committee

The Central Bank of Armenia has registered Efes insurance company and awarded it an insurance company license, the regulator's press service reported.

The Armenian government on Thursday approved a draft law on ratification of the Agreement on Establishment of Eurasian Reinsurance Company, signed on October 20, 2022 in Yerevan