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. |
Monday, July 20 2020 18:59
ArmInfo. In the H1 of 2020, the insurance sector of Armenia paid taxes for 1.2 billion drams, which is 23.9% higher than a year ago. Out of this amount, 339.6 million drams fell on income tax, with a y-o-y growth of 37.6%. >>> |
Friday, July 17 2020 14:52
ArmInfo. In Armenia, e-CMTPL insurance policies (e-CMTPL) are becoming more and more popular among car owners. As a result, the share of e-CMTPL in the total number of CTPL-contracts reached 13% by July 2020 from 4% a year earlier. >>> |
Monday, June 22 2020 13:23
ArmInfo. In Armenia, sales of TPL electronic policies are growing rapidly, the share of which in the total number of TPL agreements by June 2020 increased to 13% from 4% a year earlier. According to the data of the Auto Insurers Bureau of Armenia, according to the results of January-May 2020, the number of TPL-agreements concluded in the online mode reached 45504, having increased 3 times in annual terms. >>> |
Tuesday, June 16 2020 23:16
ArmInfo. The government should reinsure the risks of insurance companies participating in the agricultural insurance program. Garnik Petrosyan, former deputy minister of agriculture, candidate of agricultural sciences, expressed a similar opinion during an online press conference organized by the Club of Economic Journalists. >>> |
Friday, May 22 2020 15:33
ArmInfo.According to the results of the Q1 of 2020, the corporate component dominates in the premium insurance portfolios of Armenian insurers - 64.2% (10.2 billion drams), while the retail component accounts for 35.8% (5.7 billion drams), against 65.8% and 34 2% respectively a year earlier. >>> |
Thursday, May 21 2020 18:24
ArmInfo.For the first quarter of 2020, Armenian insurers reimbursed 6.4 billion drams or $ 12.7 million for different classes (the figures are given from the reports of UK portfolios according to the standards of the CBA). Annual growth in insurance claims accelerated from 4.3% to 7.1%. >>> |
Thursday, May 21 2020 14:38
ArmInfo.In the Q1 of 2020, premiums of Armenian insurance companies decrease due to the outbreak of the coronavirus pandemic. According to the Financial Rating of Armenian Insurance Companies prepared by ArmInfo IC, premiums fell by 4.2% y-o-y against 17.6% last year. The decrease in the volume of collected premiums was accompanied by a significant slowdown in the growth of insurance payments - up to 5.8% compared to last year's 13.3%. >>> |
Wednesday, May 6 2020 11:17
ArmInfo. Insurance indemnities in Armenia will be excluded from the list of taxable funds. The RA National Assembly at its plenary meeting on May 6 in the second and final reading amended the Tax Code. >>> |
Friday, April 24 2020 11:19
ArmInfo. In the first quarter of 2020, the insurance sector of Armenia reduced tax payments to the state budget by 15.6% to 534.7 million drams, of which 445.2 million drams were paid out of direct taxes (including income tax and income tax). >>> |
Monday, March 30 2020 13:13
ArmInfo.In Armenia, third party liability insurance contracts concluded online are continuing to grow rapidly. >>> |
Tuesday, March 24 2020 19:03
ArmInfo. As of March 20, 2020, in Armenia, as part of the pilot program for agricultural risk insurance, 523 insurance contracts were concluded in Armenia. The press service of the Ministry of Economy of the Republic of Armenia reported this on March 24. >>> |
Wednesday, March 18 2020 18:01
ArmInfo. The INGO Armenia insurance company decided to switch to an emergency mode of remote servicing, based on social responsibility to customers and taking into account the government decision to introduce an emergency. This was reported by the press service of INGO Armenia IC, while simultaneously notifying that all employees of the insurance company will work from home, ensuring uninterrupted workflow. >>> |
Tuesday, February 18 2020 17:09
ArmInfo. Armenian Motor Insurers' Bureau continues to automate CTPL processes, this time introducing the ASWA mobile application for processing insured events using the Euro protocol. This was reported by the press service of the Armenian Motor Insurers' Bureau. >>> |
Tuesday, February 18 2020 14:10
ArmInfo. "ArmInfo" Information Company issued the 60th anniversary quarterly information and analytical bulletin "Ranking of Armenian Insurance Companies". >>> |
Monday, February 17 2020 15:24
ArmInfo. Agricultural risk insurance program in Armenia will be expanded. This was announced at a press conference in Yerevan on February 17 by head of the Department of Agricultural Programs Elaboration, Resource Use and Cooperative Development of the RA Ministry of Economy Ira Panosyan. >>> |
Monday, February 17 2020 12:00
ArmInfo.A delegation led by the RA Minister of Healthcare Arsen Torosyan is on a working visit to the Republic of Korea to participate in the event "Knowledge exchange between Armenia, Georgia and Korea on Health Insurance". >>> |
Saturday, February 15 2020 03:28
ArmInfo. Agricultural risk insurance will definitely have a positive impact on the development of the agricultural sector of Armenia and on agricultural lending. This opinion was expressed on February 14 by Chairman of the Union of Banks of Armenia (UBA), Chairman of the IDBank Board Mher Abrahamyan, answering a question from ArmInfo. >>> |
Wednesday, February 12 2020 19:12
ArmInfo. In 2019, the Armenian insurers reimbursed over 25 billion drams or $ 52.1 million for various classes (the figures are given from the reports of insurance companies portfolios according to the standards of the Central Bank of the Republic of Armenia). >>> |
Wednesday, February 12 2020 17:23
ArmInfo.In the insurance market of Armenia, the growth of premiums for 2019 accelerated, being ahead of the growth of payments - 19.1% versus 17%, while in 2018 the growth of premiums was inferior to the growth of payments - 17.6% versus 25.3%. >>> |
Monday, February 10 2020 18:59
ArmInfo. At the end of 2019, the retail component dominates in the portfolio of premiums of Armenian insurers - 52.8% (26 billion drams), while the corporate share accounts for 47.2% (23.2 billion drams), versus 51.8% and 48.2%, respectively a year earlier. >>> |
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