All news related to insurance company

Average loss rate of Armenia's insurance companies rises 1% to 51% in June

24.07.2015 15:52

Average loss rate of Armenia's insurance companies rises 1% to 51% in June

YEREVAN, July 24. /ARKA/. The loss rate of Armenia's insurance companies averaged 51% in June 2015 showing a one-percent month-on-month growth, the Bureau of Car Insurers of Armenia reports at its website.

In June 2014, their loss rate was recorded at 58%.

Loss rates on mandatory car insurance in Armenia are permitted to be between 75 and 78 percent, depending on burden level (22-25%).

Views: 0

Categories: General news, Insurance market, News | Comments Off on Average loss rate of Armenia's insurance companies rises 1% to 51% in June

Tags: , ,

Read more