Insurance market

Armenian government approves ratification of draft law on establishment of Eurasian Reinsurance Company

10.03.2023 18:51

Armenian government approves ratification of draft law on establishment of Eurasian Reinsurance Company

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

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Armenian farmers can insure their crops

07.02.2023 14:59

Armenian farmers can insure their crops

Armenian farmers growing 13 types of crops: grapes, apricot, peach, plum, cherry, sweet cherry, watermelon, melon, apples, potato, as well as wheat and barley can insure their future crops against late spring frost, drought, hail and fire, the Ministry of Economy said on Monday

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Armenia government adopts concept for gradual introduction of comprehensive health insurance

02.02.2023 14:40

Armenia government adopts concept for gradual introduction of comprehensive health insurance

The Armenian government has approved today a concept calling for gradual introduction of national health insurance system

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RESO Insurance company renamed  REGO Insurance

15.12.2022 17:37

RESO Insurance company renamed  REGO Insurance

RESO insurance company was renamed REGO Insurance CJSC due to the change of owner

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Government discusses introduction of health insurance system in Armenia

17.10.2022 16:10

Government discusses introduction of health insurance system in Armenia

Isues related to the introduction of the comprehensive health insurance system were discussed last Sunday at the consultation chaired by Prime Minister Nikol Pashinyan

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Armenian parliament halves the size of penalty for lack of car insurance policy

07.07.2022 14:54

Armenian parliament halves the size of penalty for lack of car insurance policy

By a vote of 55 the Armenian parliament amended the country’s Code of Administrative Offences on July 6, slashing the size of penalty for lack of mandatory car insurance from 100,000 drams to 50,000 drams

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Armenia’s Car Insurers’ Bureau raises insurance premiums

31.01.2022 18:43

Armenia’s Car Insurers’ Bureau raises insurance premiums

Armenia’s Car Insurers’ Bureau said today it will raise the cost of mandatory insurance of vehicles against physical damage caused to other cars and individuals starting from February 7, 2022 as well revise the bonus malus system, saying the latter change will come into force on March 1

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Moody’s assigns a Ba3 IFSR to Export Insurance Agency of Armenia; stable outlook

20.01.2022 13:52

Moody’s assigns a Ba3 IFSR to Export Insurance Agency of Armenia; stable outlook

YEREVAN, January 19, /ARKA/. Moody’s Investors Service (“Moody’s”) has today assigned Ba3 foreign and local-currency insurance financial strength ratings (IFSRs) to Export Insurance Agency of Armenia ICJSC (EIA). The outlook is stable.

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Some 305 million drams paid in compensation claims to holders of agricultural insurance polices in Armenia

29.10.2021 23:02

Some 305 million drams paid in compensation claims to holders of agricultural insurance polices in Armenia

As of October 1, 2021, about 305 million drams were paid in compensation claims to holders of 1,440 agricultural insurance policies in Armenia, the Ministry of Economy reported

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Car insurance compensation claims double in Yerevan

03.08.2020 12:58

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

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