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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

YEREVAN, February 27. /ARKA/. 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. Insurance companies also collected a total of 19.5 billion drams in insurance premiums, by 5.5% more than in 2017.

Six Armenian insurance companies received last year 67,401 car insurance compensation claims, up from 60,588 in 2017. The amount of paid compensation claims grew by 16.8% to 13.9 billion drams.

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

27.02.2018 19:00

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

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

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

21.11.2017 11:24

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

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

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

18.08.2017 14:59

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

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

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ARKA releases fresh issue of Insurance Companies of Armenia bulletin

25.05.2017 18:12

ARKA releases fresh issue of Insurance Companies of Armenia bulletin

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

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

25.05.2017 18:09

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

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

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

23.02.2017 18:47

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

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

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