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Tag: CAR INSURANCE

Armenia is developing a concept for mandatory insurance against damage from natural disaster

The idea of mandatory insurance for damage caused by natural disasters is being discussed in Armenia.

Volume of insurance premiums in Armenia in 2024 amounted to 73 billion drams

he volume of insurance premiums in Armenia in 2024 amounted to 73,030.1 million drams, according to the report of the National Statistical Committee of Armenia, titled “Activities of Insurance Companies of Armenia in the Fourth Quarter of 2024.”

Car insurance compensation claims double in Yerevan

Starting from August 1, 2020, the maximum amount of a car insurance compensation claim has increased if the parties involved in the accident register it by themselves by filling in the electronic form of the Agreed Statement and by using the ASWA mobile application, the Car Insurance Bureau said

Armenian government extends deadline for agriculture insurance by one month

The Armenian government has extended the deadline for farmers to conclude agricultural insurance contracts by one month until May 15, Anna Ohanyan, spokeswoman for the Ministry of Economy, wrote in a Facebook post.

Rosgosstrakh Armenia warns against invalid car insurance

Rosgosstrakh Armenia made a statement warning drivers against invalid car insurance policies

Ratio of car insurance losses of armenian insurance companies in 2014 may grows 0.1% in May to 59.1%

The ratio of car insurance losses incurred by Armenia-based insurance companies in 2014 May grew by 0.1 percentage point in May from April to 59.1 percent, according to a statement posted today on the official website of Armenia’s Car Insurance Bureau

Mandatory car insurance compensations in Armenia hit nearly AMD 6.8bln in Jan-August

Armenia’s insurance companies paid nearly 6.8 billion drams in a total of 34,898 mandatory motor insurance compensations in January-August 2013, the website of Motor Insurers’ Bureau of Armenia reports

Changes to eliminate car insurance coupons

Armenia’s National Assembly is considering in the first reading a package of amendments to the Law "On mandatory insurance of motorists responsibility " and to the Code of Administrative Offences, which, inter alia, call for abolition of a requirement that car owners must fix car insurance coupons on the windshields from 1 January 2014

Over amd 6.2 billion paid by three Armenian insurers in 2012 on obligatory car insurance policies

Three Armenian insurance companies paid more than AMD 6.2 billion in 2012 on obligatory car insurance policies (67.2% of about AMD 9.2 billion, the total amount of the 2012 insurance market’s compensations), according to the information available on the website of Armenian Car Insurers’ Bureau

Car insurance compensations total amd 9.2 billion in Armenia in 2012

Armenia’s insurance companies paid 45,661 compensations totaling about AMD 9.2 billion on obligatory car insurance policies, according to the information available on the website of Armenian Car Insurers’ Bureau

Nearly 70 % of Armenian families to get insurances through new social package: “Ingo Armenia” chief

Nearly 70% of Armenian families will obtain insurances as the new social package enters the insurance marker, Levon Altunyan, Executive Director of “INGO Armenia” Insurance Company, said on Friday.

Head of association: cost of mandatory car insurance policies believed to be raised

The cost of mandatory car insurance policies are believed to be raised, since the number of car accidents has already exceeded even most pessimistic outlooks, Andarnik Ohanjanyan.