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Tag: INSURANCE COMPANIES

Insurance companies collected 19.5 billion drams in insurance premiums in 2018, by 5.5% more than in 2017

Insurance admin -
According to the Armenian Bureau of Car Insurers, some 902,365 compulsory vehicle insurance contracts were concluded un 2018, up from 810,026 in 2017

Armenian insurance companies collected 40 billion drams in 2018 as gross insurance premiums

Insurance admin -
Six Armenia-based insurance companies collected a total of 40 billion drams in 2018

Net profits of Armenia’s insurance companies shrink 69% to AMD 215.4 million in 2018

Insurance admin -
The aggregate net profits of Armenia’s insurance companies has shrunk 69% to AMD 215.4 million in 2018 from AMD 699.5 million in 2017

Armenian insurance companies post 77% drop in net profit

Insurance admin -
Six insurance companies operating in Armenia earned a total of 387.5 million drams in net profit in the first nine months of this year, down from 1.711 billion drams they had earned a year earlier

Armenian insurance companies’ net profits drop by 60% in 2017

Insurance admin -
Six insurances companies operating in Armenia earned a total of 1.48 billion drams in net profit in 2017, down from 3.7 billion drams they had earned in 2016, according to Arka news agency’s quarterly bulletin "Insurance Companies of Armenia” for the fourth quarter of 2017

Armenian insurance companies’ net profit in first 9 months drops to 1.7 billion drams

Insurance admin -
Six insurance companies operating in Armenia earned a total of 1.7 billion drams in net profit in the first 9 months of this year, down from 3.9 billion drams they had earned a year earlier

Armenian insurance companies’ net profit in first six months halves to 1.26 billion drams

Insurance admin -
Six insurance companies operating in Armenia earned a total of 1.26 billion drams in net profit in the first six months of this year, down from 2.62 billion they had earned a year earlier

ARKA releases fresh issue of Insurance Companies of Armenia bulletin

Insurance admin -
ARKA news agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the first quarter of 2017

Armenian insurance companies’ net profit in quarter one slashes by 60 percent

Insurance admin -
Net profit of six Armenia-based insurance companies in the first quarter of 2017 slashed by 60.3% year-on-year to 518.9 million drams, according to ARKA news agency’s quarterly bulletin "Insurance Companies of Armenia" for the first quarter of 2017

Armenian insurance companies collected 17.8 billion drams in 2016 as premiums for mandatory insurance of vehicles

Insurance admin -
Six Armenia-based insurance companies collected a total of 17.8 billion drams in 2016 as premiums for mandatory insurance of vehicles and paid 8.8 billion drams in damage compensation claims, according to ARKA news agency’s bulletin "Insurance companies of Armenia" for the fourth quarter of 2016

Armenia-based insurance companies earned 4.058 billion drams in net profit in 2016, up from 2.672.8 billion drams in 2015

Insurance admin -
Armenia-based six insurance companies earned a total of 4.058 billion drams in net profit in 2016, up from 2.672.8 billion drams they had earned in 2015

Armenian insurance companies paid over 2 billion drams in taxes in 2016

Insurance admin -
The list of Armenia’s 1000 largest corporate taxpayers in 2016 includes all six insurance companies, operating in the country, which paid about 2.09 billion drams in taxes, up from 1.77 billion drams they had paid in 2015

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US dollar exchange rate up by 0.14 points, while the euro falls by 1.37 points

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The average market exchange rate of the U.S. dollar to the Armenian dram at the end of January 23, 2024, amounted to 398.88 drams, having risen by 0.14 points compared to 22 January.

Armenia to receive 45.3 million euros from Asian Development Bank to improve healthcare quality

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Armenia will receive a EUR 45.3 million loan from the Asian Development Bank for the implementation of the ‘Health Care Quality Improvement Programme’. The Armenian government made a corresponding decision on Thursday.

Armenia’s banking system reports a profit of 363 billion drams in 2024

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The profit of Armenia's banking system for 2024 amounted to approximately 363 billion drams, according to the Union of Banks of Armenia (UBA).

Central Bank of Armenia warns about fraudulent surveys and urges not to share banking data

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The Central Bank of Armenia does not conduct any surveys regarding citizens' banking data, the regulator said today.

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