Insurance market

Armenian government extends deadline for agriculture insurance by one month

27.04.2020 17:59

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.

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Armenian motorists can use ASWA app to register traffic accidents online

17.02.2020 17:23

Armenian motorists can use ASWA app to register traffic accidents online

Armenia’s Bureau of Car Insurers said physical damage caused to a car or cars in a traffic accident that does not exceed 100 thousand drams

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Cases opened in Armenia against insurance companies dodging taxes

23.07.2019 18:36

Cases opened in Armenia against insurance companies dodging taxes

The State Revenue Committee of Armenia has opened criminal cases against a number of insurance companies over tax, duties and other mandatory payments evasion by providing false data, the press office of the Committee reports

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

27.02.2019 18:10

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

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

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

27.02.2019 13:25

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

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

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Arka releases ‘Insurance Companies of Armenia’ bulletin for fourth quarter of 2018

25.02.2019 18:52

Arka releases ‘Insurance Companies of Armenia’ bulletin for fourth quarter of 2018

ARKA news agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the fourth quarter of 2018

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

25.02.2019 18:51

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

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

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Insurance companies unhappy with Armenia’s Single Window for Automotive platform

11.02.2019 18:53

Insurance companies unhappy with Armenia’s Single Window for Automotive platform

Armenian insurance companies are getting increasingly unhappy with the Armenia’s Single Window for Automotive (ASWA) platform

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Insurance companies collect about 30 billion drams as premiums for insurance of vehicles

27.11.2018 16:39

Insurance companies collect about 30 billion drams as premiums for insurance of vehicles

Six Armenia-based insurance companies collected a total of 29.9 billion drams in the first 9 months of 2019 as premiums for mandatory insurance of vehicles and paid 16.7 billion drams in damage compensation claims

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Armenian insurance companies post 77% drop in net profit

26.11.2018 17:41

Armenian insurance companies post 77% drop in net profit

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

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