{"id":24248,"date":"2011-06-13T10:54:00","date_gmt":"2011-06-13T10:54:00","guid":{"rendered":"https:\/\/armbanks.am\/2011\/06\/13\/233222\/"},"modified":"2024-12-15T12:51:49","modified_gmt":"2024-12-15T12:51:49","slug":"rosgosstrakh-armenia-controls-about-36-of-car-insurance-market","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/06\/13\/24248\/","title":{"rendered":"Rosgosstrakh Armenia controls about 36% of car insurance market"},"content":{"rendered":"<p><strong>YEREVAN, June 13. \/ ARKA \/. <\/strong>Rosgosstrakh Armenia insurance company controls about 36% of the car insurance market in Armenia, the company\u2019s director general Gagik Grigorian said.<\/p>\n<p>&#8220;Overall the company controls about 27% of the insurance market,&#8221; he said Saturday during a seminar organized by the company for the media.<\/p>\n<p>Grigorian said about 80% of the company\u2019s portfolio are car insurance contracts. According to him, the company paid 620 million drams in insurance payments over the first five months of this year and collected about 4 billion drams in insurance premiums, but the figure dropped by 3.7 billion drams after part of contacts were terminated.<\/p>\n<p>He also confirmed official road police reports that the number of accidents has risen sharply after the introduction of mandatory car insurance.<\/p>\n<p>&#8220;However, before the introduction of mandatory car insurance motorists tried to solve the problem themselves before the arrival of traffic police,&#8221; he said.<\/p>\n<p>According to the National Statistical Service of Armenia, 178 road accidents were reported in April, by 31% more than in the same period of 2010.<\/p>\n<p>The mandatory insurance against physical damage caused to other cars and individuals became mandatory in the country on January 1, 2011 in accordance with a government-drafted law passed by the Armenian parliament last year. According to official numbers, there are about 430,000 vehicles in Armenia. ($ 1 &#8211; 376.76 AMD). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rosgosstrakh Armenia insurance company controls about 36% of the car insurance market in Armenia.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12149,9216],"tags":[12433,15891,12599,385],"class_list":{"0":"post-24248","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-insurance-market","7":"category-news","8":"tag-car","9":"tag-insurance-2","10":"tag-rosgosstrakh-armenia","11":"tag-385"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/24248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=24248"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/24248\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=24248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=24248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=24248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}