Government is ready to share risks with agricultural insurers Friday, April 12 2024 13:38:00
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 ArmInfo.As part of a pilot program to introduce an agricultural insurance system, the Armenian government will not only subsidize insurance premiums, but will also compensate the costs of insurance companies if a certain threshold of insurance payments is exceeded. |
Thursday, April 29 2021 19:33
ArmInfo. In Armenia, health insurance fees approached stagnation in the first quarter of 2021, narrowing the annual growth rate from 8.2% to 1.1%, to a volume of 7.4 billion drams ($13.8 million). >>> |
Monday, April 19 2021 16:58
ArmInfo. According to the results of the first quarter of 2021, 5 insurance companies out of 6 operating in the country were included in the list of 1000 large taxpayers in Armenia, as in the previous year. >>> |
Wednesday, April 14 2021 16:18
ArmInfo. In Armenia, the growth of CMPTL E-policy sales continues to slow down in 2021 , to 66.1% in the first quarter from 3.2 times in the same period in 2020. According to the Armenian Motor Insurers ' Bureau, the number of CMPTL contracts concluded online reached 41,493 in the first quarter of 2021. Their share in the total number of CMPTL contracts increased in the first quarter of 2021 to 19% from 11% a year earlier. >>> |
Monday, March 22 2021 19:27
ArmInfo. In February 2021, 1,800 agreements between farmers and insurance companies were concluded in Armenia within the framework of the agricultural insurance program, while for the whole of 2020 their number was 1,500, Head of the Department for Development of Agricultural Programs of the RA Ministry of Economy Ira Panosyan said. >>> |
Wednesday, March 3 2021 14:04
ArmInfo. For 2020, Armenian insurers reimbursed 23.2 billion drams or $ 44.4 million in different classes (figures are given from the reports of IC portfolios according to the standards of the Central Bank of Armenia). >>> |
Saturday, February 27 2021 14:49
ArmInfo.At the end of 2020, premiums in the insurance market of Armenia turned their annual dynamics from 19.1% growth to 2.6% decline, which was also observed along the trend of indemnities - from 17% growth to 13.2% decline. >>> |
Friday, February 26 2021 19:07
ArmInfo. In 2020, the shares of retail and corporate components in premium portfolios of Armenian insurers almost equalized - 50.3% (22.4 billion drams) and 49.7% (22.1 billion drams), against 52.8% and 47.2%, respectively. earlier. According to the Financial Rating of Insurance Companies in Armenia, prepared by ArmInfo IC, the retail insurance market capacity dropped by 13.6% from 22.1% growth a year earlier, along with which the dynamics of corporate insurance worsened - from 17.3% to 4.5% decline. >>> |
Friday, February 12 2021 11:01
ArmInfo.Armenian insurance companies registered the first results of agricultural risks insurance - for 2021. According to the quarterly Financial Rating of Insurance Companies of Armenia, prepared by the Financial Analysis Service of ArmInfo IC, in 2020 the country's insurers participating in the agricultural insurance program collected premiums totaling 130,946.0 thousand drams. >>> |
Wednesday, January 20 2021 20:58
ArmInfo.The list of 1000 largest taxpayers in Armenia at the end of 2020 included 5 insurance companies out of 6 operating in the country, while a year earlier there were only 3 in this list. >>> |
Wednesday, December 9 2020 13:50
ArmInfo.The Hayastan All-Armenian Fund will transfer $ 1.1 million from the amount transferred within the framework of the fundraising campaign "We and Our Borders" to the Military Insurance Fund. The press service of the Hayastan All-Armenian Fund reports. >>> |
Friday, October 30 2020 10:36
ArmInfo.According to the results of 9 months of 2020, the corporate component dominates in the premium portfolios of Armenian insurers - 50.9% (AMD 17.2 billion), while the retail component accounts for 49.1% (AMD 16.6 billion), against 49.7% and 50, 3% respectively a year earlier. >>> |
Tuesday, October 27 2020 15:19
ArmInfo. The total net profit of insurance companies in Armenia for 9 months of 2020 jumped 3.6 times against the same period last year (against 3 times growth a year earlier), exceeding 4 billion drams ($ 8.2 million). >>> |
Saturday, October 17 2020 22:00
ArmInfo.The insurance sector of Armenia in January-September 2020 paid taxes for 1.6 billion drams ($ 3.2 million), which is 33.3% higher than a year ago (against a 25% decline a year earlier). Of this amount, 1.4 billion drams fell on direct taxes, with an annual growth of 16.7% (against a 14.3% decline a year earlier). >>> |
Wednesday, September 2 2020 19:25
ArmInfo.The Bureau of Auto Insurers of Armenia celebrates its 10th anniversary in September. By that date, the Bureau issued a progress report and presented in figures the achievements on the main indicators. As ArmInfo was told in the press service of the Bu Armenian Motor Insurers' Bureau, the Bureau's long-term plans include membership in the international Green Card system and broad cooperation within the framework of the CIS countries. In the medium term, it is planned to liberalize insurance premiums either with the establishment of maximum and minimum thresholds, or without the need for them. >>> |
Monday, August 24 2020 16:07
ArmInfo. In Armenia, the share of electronic CMTPL (e- CMTPL) certificates of insurance in the total number of contracts increased 3-fold by August 2020 - up to 13% from 4% a year earlier. >>> |
Friday, August 21 2020 16:51
ArmInfo. The implementation of the agricultural risks insurance program, which practically began at the end of last year, has shown its effectiveness and even to a certain extent exceeded the expectations of insurers. Specialist in agricultural insurance, Head of the Underwriting Department of "INGO Armenia" insurance company Levon Kocharyan said in an interview with ArmInfo. >>> |
Wednesday, August 5 2020 19:22
ArmInfo.According to the results of the first half of 2020, the corporate component dominates in the premium portfolios of Armenian insurers - 56.2% (13.7 billion drams), while the retail component accounts for 43.8% (10.6 billion drams), against 55.9% and 44, 1% respectively a year earlier. >>> |
Tuesday, August 4 2020 14:20
ArmInfo. For the first half of 2020, Armenian insurers reimbursed 11.3 billion drams or $ 23.4 million in different classes (the figures are given from the reports of IC portfolios according to the standards of the Central Bank of Armenia). In y-o-y terms, insurance claims declined by 4.7%, against an increase of 9.8% a year earlier. The same deterioration in the y-o-y dynamics was demonstrated by insurance premiums - from an 18.7% growth to a 7.7% decline, amounting to 24.3 billion drams or $ 50.3 million. >>> |
Monday, August 3 2020 13:20
ArmInfo. Motor Insurers' Bureau of Armenia announces an increase from August 1, of the maximum damage threshold under the Euro protocol to 200 thousand AMD from the previous 100 thousand AMD. As the Bureau explains, this new threshold applies to insured events in Yerevan, the agreed declaration for which is filled out through the ASWA mobile application. >>> |
Wednesday, July 29 2020 14:12
ArmInfo.The total net profit of insurance companies in Armenia in the first half of 2020 jumped 4.4 times against the same period last year (against 71% growth a year earlier), exceeding AMD 3.3 billion or $ 6.9 million. >>> |
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