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Calculation of efficiency of tariff policy by mandatory car insurance requires 3-5 years

26.11.2011 10:57

Calculation of efficiency of tariff policy by mandatory car insurance requires 3-5 years

YEREVAN, November 25. /ARKA/. For optimal calculation of efficiency of tariff policy by mandatory car insurance from three to five years is required, said first Deputy of Executive Director of the insurance company “INGO Armenia” Arevshat Meliksetyan.

“It is too early to speak about tariff policy because it is not possible today to calculate the loss factor due to the fact that the introduction of mandatory car insurance was calculated for one year that has not expired yet”, he said answering the questions of the journalists of ARKA News Agency.

Meliksetyan said that statistics should be complete, and one year statistics is not enough, as for calculation of profitability or loss of the given type of insurance, minimum three-five years are needed.

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