All news related to insurance

Bureau of car insures reports dramatic rise in all indicators

03.04.2018 18:43

Bureau of car insures reports dramatic rise in all indicators

YEREVAN, April 3. /ARKA/. The Armenian Bureau of Car Insurers saw a 30-40% rise in all indicators in 2017, including the number of insurance cases, the head of the Bureau Vahan Avetisyan told a news conference today.

According to him, in late December 2017, there were 497, 838 insured vehicles in the country, up from 468,171 a year earlier, and 19.1 billion drams were collected as insurance premiums up from 18.3 billion drams in 2016. He also noted that the number of compensation claims rose from 46,400 in 2016 to 60,500 in 2017, while the number of refusals fell to 1.55% in 2017 (2.12% in 2016).

Vahan Avetisyan said that in 2017 insurance companies paid 11.4 billion drams as insurance compensation claims, up from 9.3 billion drams paid in 2016. He also said that if earlier compensation claims were paid within a few months, now it takes 2-3 weeks, depending on the complexity of the incident.

Views: 1513

Categories: Uncategorized | Comments Off on Bureau of car insures reports dramatic rise in all indicators

Tags:

Read more
German KfW to provide 5.3 million to Armenia to help introduce agriculture insurance scheme

14.12.2017 18:38

German KfW to provide 5.3 million to Armenia to help introduce agriculture insurance scheme

The government of Armenia has approved today a draft grant agreement between the ministry of finance and the German state-owned KfW bank to the tune of 5.3 million euros

Views: 2626

Categories: Uncategorized | Comments Off on German KfW to provide 5.3 million to Armenia to help introduce agriculture insurance scheme

Tags:

Read more
Insurance companies collect 13.4 billion drams in 9 months as premiums for mandatory insurance of vehicles

24.11.2017 11:14

Insurance companies collect 13.4 billion drams in 9 months as premiums for mandatory insurance of vehicles

Six Armenia-based insurance companies collected a total of 13.4 billion drams in the first 9 months of 2017 as premiums for mandatory insurance of vehicles and paid 7.9 billion drams in damage compensation claims

Views: 1874

Categories: Uncategorized | Comments Off on Insurance companies collect 13.4 billion drams in 9 months as premiums for mandatory insurance of vehicles

Tags: , ,

Read more
Online mandatory insurance of vehicles available in Armenia

01.11.2017 16:05

Online mandatory insurance of vehicles available in Armenia

Armenian motorists are now able to conclude mandatory insurance of their vehicles with any insurance company online at a 5% discount on insurance premiums, the Bureau of Car Insurers of Armenia said today

Views: 3276

Categories: Uncategorized | Comments Off on Online mandatory insurance of vehicles available in Armenia

Tags: ,

Read more
‘A Clean Home’ insurance can be formalized at VTB Bank (Armenia)

14.09.2017 17:14

‘A Clean Home’ insurance can be formalized at VTB Bank (Armenia)

VTB Bank (Armenia) and ROSGOSSTRAKH ARMENIA Insurance Company are presenting a new product – immovable property insurance “A Clean Home”, the press office of the bank reports

Views: 3228

Categories: Uncategorized | Comments Off on ‘A Clean Home’ insurance can be formalized at VTB Bank (Armenia)

Tags:

Read more
VTB Bank (Armenia) offers beneficial insurance products

20.04.2017 14:16

VTB Bank (Armenia) offers beneficial insurance products

VTB Bank (Armenia), as an agent of Armenia’s flagship insurance companies, offers beneficial insurance products, which can be acquired right in the bank, without visiting insurance companies’ offices

Views: 1723

Categories: Banks, Banks, Banks | Comments Off on VTB Bank (Armenia) offers beneficial insurance products

Tags: , ,

Read more
Armenia and Iran set to expand cooperation in the field of insurance

10.02.2017 17:28

Armenia and Iran set to expand cooperation in the field of insurance

Armenia and Iran are set to expand cooperation in the field of insurance, the press service of the Armenian ministry of economic development and investments said following a meeting between minister Suren Karayan and the director general of the Central Insurance Company of Iran Abdolnaser Hemati

Views: 1884

Categories: Uncategorized | Comments Off on Armenia and Iran set to expand cooperation in the field of insurance

Tags: ,

Read more
No consolidations expected in Armenia’s insurance sector in 2017 – INGO Armenia

29.12.2016 14:12

No consolidations expected in Armenia’s insurance sector in 2017 – INGO Armenia

Arevshat Meliksetyan, executive director of INGO Armenia, told journalists on Wednesday, that he expected no consolidations in Armenia’s insurance sector in 2017

Views: 3397

Categories: Uncategorized | Comments Off on No consolidations expected in Armenia’s insurance sector in 2017 – INGO Armenia

Tags:

Read more
Ingo Armenia earns 900 million drams in profit

28.12.2016 15:50

Ingo Armenia earns 900 million drams in profit

Ingo Armenia insurance company earned a total of 900 million drams in profit in the first 11 months of this year, Ingo Armenia CEO Arevshat Meliksetyan told a news conference today

Views: 3394

Categories: Uncategorized | Comments Off on Ingo Armenia earns 900 million drams in profit

Tags:

Read more
Armenian insurance companies report 63% surge in net profit

16.11.2016 16:10

Armenian insurance companies report 63% surge in net profit

The net profit of six Armenia-based insurance companies in the first 9 months of 2016 amounted to 3.895.5 billion drams, up from 2.394.1 billion drams they had earned in the same period of 2015

Views: 1749

Categories: General news, General news, General news, General news, General news, General news, General news, General news, General news, General news, Insurance market, Insurance market, Insurance market, Insurance market, Insurance market, Insurance market, Insurance market, Insurance market, News, News, News, News, News, News, News, News, News, News, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour | Comments Off on Armenian insurance companies report 63% surge in net profit

Tags: , , , , ,

Read more