Annual health insurance package in Armenia to be 129,600 AMD in the initial phase - Minister of Health Wednesday, October 1 2025 16:28:00
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 ArmInfo. In the first phase of the universal health insurance system (starting in 2026) in Armenia, the annual health insurance package will be 129,600 drams, as stated by Health Minister Anahit Avanesyan during a press conference on October 1. |
Thursday, September 25 2025 13:53
ArmInfo. In Armenia, the growing prices of medical services have led to an increase in the loss ratio for medical insurance (both voluntary and with social packages - Ed.), reaching 69% by the end of the first half of 2025, as evidenced by the Financial Rating of Armenian Insurance Companies as of June 30, 2025, prepared by ArmInfo Investment Company based on published financial reports and additional data requested from insurance companies. >>> |
Friday, September 12 2025 16:42
ArmInfo. In the Armenian insurance market, the loss ratio for OSAGO began to decrease in 2025, amounting to 74% in January-August (compared to 79.1% the previous year), as evidenced by data from the Bureau of Motor Insurers of Armenia. >>> |
Friday, August 15 2025 11:00
ArmInfo. In the insurance market of Armenia, the loss ratio for compulsory motor third-party liability insurance has been declining since 2025, amounting to 74.4% in January-July (versus 79.3% a year earlier). This is evidenced by the data of the Bureau of Motor Insurers of Armenia. >>> |
Monday, August 11 2025 14:20
ArmInfo. A substantial increase in tariffs for compulsory motor third party liability insurance (OSAGO) since February of this year has enabled insurance companies to greatly enhance the efficiency of their operations and achieve significant profits, as evidenced by data from the Financial Rating of Insurance Companies in Armenia as of 30.06.2025, prepared by ArmInfo IC based on published financial reports and requested indicators that were previously unavailable from the insurance companies. >>> |
Monday, August 11 2025 14:02
ArmInfo. The Auto Insurers' Bureau of Armenia announces that starting September 1 of this year, there will no longer be a need to stay on a busy section of the road (at the accident site) for a long time fillingl out various data in the mobile application when filling out the agreed declaration (Europrotocol) in the event of an accident,.In more detail, the Auto Insurers' Bureau of Armenia notifies that from now on, those responsible for an accident will be able to: >>> |
Thursday, July 31 2025 15:42
ArmInfo. The insurance sector of Armenia increased its net profit in the first half of 2025 by 2 times year-on-year (against a 65.3% decline a year ago), ensuring it at the level of 1.95 billion drams ($5.1 million). This was the result of a strong slowdown in the annual growth of compensation from 32.4% to 4.3% (21.4 billion drams or $55.8 million) and the exit of the dynamics of premiums from a 6% decline to 7.2% growth (41.5 billion drams or $107.9 million). This is evidenced by the data of the Financial Rating of Insurance Companies of Armenia as of 30.06.2025, prepared by ArmInfo IC based on published financial reports and additional data requested from the insurance companies. >>> |
Monday, July 14 2025 16:50
ArmInfo. In the Armenian insurance market, the loss ratio for OSAGO began to decrease in 2025, amounting to 73.3% at the end of the first half of the year (compared to 79.1% a year earlier), as evidenced by data from the Bureau of Motor Insurers of Armenia. The decline in the loss ratio during the reporting period was observed alongside improvements in the annual dynamics of several active contracts from a 1.5% decline to 7.6% growth, with an acceleration in the growth of insurance premiums from 4% to 16.8%, and a decrease in the growth of compensation from 22.9% to 6.1%. The Bureau, reported a slight year-on-year increase of 3.5% in the number of vehicles with MTPL insurance policies, compared to 5.6% growth previous year. In quantitative terms, by July 2025, there were 682,083 thousand vehicles with MTPL insurance policies in the country, but the number of active policies stood at 661,197 (excluding terminated policies - 605,408). >>> |
Saturday, June 14 2025 12:40
ArmInfo. In the Armenian insurance market, the loss ratio for OSAGO has begun to decrease since 2025, amounting to 73.2% in January-May compared to 79.7% the previous year. as evidenced by data from the Bureau of Motor Insurers of Armenia. >>> |
Wednesday, June 11 2025 13:56
ArmInfo.As of today, hail has damaged 8.7 thousand hectares of agricultural land. This was reported in Parliament on June 11 by Deputy Minister of Economy of Armenia in charge of agriculture Arman Khojoyan. >>> |
Wednesday, June 4 2025 18:03
ArmInfo.Zinapah National Foundation for Servicemen Insurance has signed a memorandum of cooperation with the Innobiz Busines Support NGO. Within this partnership, an educational initiative will be implemented for the Foundation's military beneficiaries and their families. >>> |
Wednesday, May 14 2025 16:17
ArmInfo. Since 2025, the situation in the insurance market has started to change: premiums have increased, while compensation has decreased, leading to a significant rise in profits. This is evidenced by data from the Financial Rating of Insurance Companies of Armenia as of 31.03.2025, prepared by ArmInfo IC based on published financial reports and missing indicators requested from the insurance companies. In the first quarter of 2025, there was a notable slowdown in in the annual decline of insurance premiums to 7%, exceeding 20.9 billion drams (over $ 53.4 million). Compensations also saw a shift in dynamics, with a slight 0.2% decrease, amounting to 10.3 billion drams ($ 26.2 million). As a result, net profit experienced a significant turnaround, going from a 73% decline to an 82.3% growth, reaching 807.2 million drams ($ 2.1 million). The most impressive profit growth was provided by LIGA Insurance (3 times) and the new IC Efes (9 times). Both companies were able to eliminate losses and achieve a substantial positive level, contributing to an overall increase market profits. For comparison, in the first quarter of 2024, premiums and compensations had opposite trends - a 19% decline in the former was accompanied by a 43% growth in the latter, as a result of which net profit fell by 73%. >>> |
Tuesday, May 13 2025 13:57
ArmInfo. The net profit of the insurance sector of Armenia in the first quarter of 2025 increased by 82.3% per annum (against a 73% decline a year ago) and reached 807.2 million drams ($2.1 million). This was the result of a strong slowdown in the annual decline in premiums from 19% to 7% (20.9 billion drams or $53.4 million) and a reversal in the dynamics of compensation from a significant 43% growth towards a 0.2% decline (10.3 billion drams or $26.2 million). This is evidenced by the data of the Financial Rating of Insurance Companies of Armenia as of 31.03.2025, prepared by ArmInfo IC based on published financial reports and additional data requested from the insurance companies. >>> |
Wednesday, April 30 2025 19:55
ArmInfo. On April 30, a meeting was held under the chairmanship of RA Prime Minister Nikol Pashinyan, to discuss the concept of developing the Rescue Service of the Ministry of Internal Affairs of Armenia. >>> |
Saturday, April 26 2025 15:13
ArmInfo. Of the 7 operating insurance companies, 3 were included in the list of the 1000 largest taxpayers of Armenia in the first quarter of 2025 (as a year ago): LIGA Insurance, INGO and Sil Insurance. This is evidenced by the data of the State Revenue Committee of the Republic of Armenia. >>> |
Wednesday, April 23 2025 14:17
ArmInfo. On April 23, the Government of Armenia approved the signing of the second agreement on amendments to the financing agreement between the Republic of Armenia and KfW in the amount of 5,339,139.38 euros for the , signed on December 18, 2017 and amended by the amendment agreement of February 6, 2018. >>> |
Monday, April 14 2025 15:48
ArmInfo. In the Armenian insurance market, the loss ratio for OSAGO began to decrease in 2025, reaching 79% by the end of the first quarter, down from 86% the previous year. This is evidenced by data from the Bureau of Motor Insurers of Armenia. The decline in the loss ratio during this period was observed alongside an increase in the annual growth rate of active contracts rising from 0.01% to 5.1. There was also an improvement in the trend of insurance premiums, shifting from a 0.7% decline to a 13.7% growth, and a significant slowdown in the growth of compensation, dropping from 30.7% to 4.3%. >>> |
Thursday, March 13 2025 14:07
ArmInfo. The Armenian government, as part of the agricultural insurance program, is ready to reimburse insurance payments for the 2025 agricultural year and offer agricultural entrepreneurs a subsidy of up to 80% (inclusive) of the insurance premium specified in the insurance contract. The Ministry of Economy's initiative was approved on March 13 during a meeting of the Cabinet of Ministers. >>> |
Friday, March 7 2025 12:21
ArmInfo. The Ministry of Health of Armenia proposes to disband the State Health Agency and establish a State Health Fund. The draft resolution of the Government of the Republic of Armenia has been posted on the unified portal of legal acts. It should be noted that according to the Concept on the introduction of General Health Insurance (GHI), the collection of funds for GHI, determination of the amount of contributions and expenses will be carried out by this Fund, the chairman of the board of which will be the Minister of Health of the Republic of Armenia. >>> |
In Armenia`s insurance market premiums started to decrease and compensations are losing their growth
Wednesday, February 19 2025 20:05
ArmInfo.In the insurance market of Armenia in 2024, premiums began to decrease, and compensations started to lose growth, leading to a decline in profits. This is evidenced by data from the Financial Rating of Insurance Companies of Armenia as of 31.12.2024, prepared by ArmInfo IC based on published financial reports and missing indicators requested from the insurance companies. >>> |
Monday, February 17 2025 12:34
ArmInfo. The net profit of the insurance sector of Armenia, after a 4.5-fold jump in 2022, began to decline in 2023, lingering in this trend in 2024 with some slowdown in growth rates from 33% to 26%. This was the result of a deterioration in the dynamics of premiums to a 2% decline and a slowdown in the growth of compensation to 15%. While a year ago, both indicators increased by 17% and 30%, respectively (against high growth in premiums and stagnation in compensation in 2022). >>> |
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