Insurance market

Agro-insurance process for 2024 launched in Armenia

08.05.2024 16:19

Agro-insurance process for 2024 launched in Armenia

Armenia’s Ministry of Economy, which oversees also the agricultural sector, urged today farmers to insure their crops against hail and drought risks for 2024.  

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Volume of insurance premiums in Armenia in 2023 amounted to AMD 73.2 billion

11.03.2024 13:23

Volume of insurance premiums in Armenia in 2023 amounted to AMD 73.2 billion

The volume of insurance premiums in Armenia in 2023 amounted to about 73.3 billion drams, up from 62.3 billion drams in 2022, according to. the National Statistical Committee

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WB: ARKA/ Armenia's national currency  continued to depreciate gradually against  USD

26.01.2024 18:21

WB: ARKA/ Armenia's national currency  continued to depreciate gradually against  USD

Armenia’s national currency, the dram,  continued to depreciate gradually against the USD, the World Bank says in its ‘Armenia Monthly Economic Update – January 2024

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Government to assist citizens in purchasing medicines within the framework of medical insurance system - Pashinyan

24.11.2023 15:57

Government to assist citizens in purchasing medicines within the framework of medical insurance system - Pashinyan

Armenian authorities are considering the possibility of assisting citizens in purchasing medicines within the framework of the medical insurance system, Armenian Prime Minister Nikol Pashinyan said, answering the questions of Armenian residents and representatives of the Diaspora online

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Compulsory medical insurance in Armenia will cost up to 200 thousand drams a year - Minister

23.11.2023 18:42

Compulsory medical insurance in Armenia will cost up to 200 thousand drams a year - Minister

The Armenian government plans to start introduction of a health insurance system from mid-2024, Health Minister Anahit Avanesyan told reporters today

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Armenian lawyers criticize proposed changes to bank secrecy law, warning of risks for the country

16.10.2023 17:31

Armenian lawyers criticize proposed changes to bank secrecy law, warning of risks for the country

Armenian lawyers are opposing a set of amendments to the laws “On Banking Secrecy” and “On Insurance and Insurance Activities” proposed by the State Revenue Committee (SRC).

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More than 11 thousand hectares in Armenia insured against 4 types of threats

18.09.2023 15:40

More than 11 thousand hectares in Armenia insured against 4 types of threats

More than 11 thousand hectares of agricultural lands in Armenia have already been insured against four types of losses due to adverse events, said Ira Panosyan, the head of Agricultural Programs Development Department at  the Ministry of Economy

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Insurance premiums in Armenia in Q2, 2023 amounted to AMD 17.7 bln.

08.09.2023 20:36

Insurance premiums in Armenia in Q2, 2023 amounted to AMD 17.7 bln.

Insurance premiums in Armenia amounted to over 17.7 bln drams in Q2, 2023, according to the National Statistical Committee

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Central Bank of Armenia registers Efes Insurance CJSC

26.07.2023 13:54

Central Bank of Armenia registers Efes Insurance CJSC

The Central Bank of Armenia has registered Efes insurance company and awarded it an insurance company license, the regulator’s press service reported.

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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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