ArmInfo. In the Armenian insurance market, compensation growth continues to accelerate, while premium growth has slowed, as a result of which market profits have begun to decline, according to the data of the anniversary issue No.75 of the Financial Rating of Insurance Companies of Armenia as of September 30, 2023, prepared by ArmInfo IC based on published reports and portfolio data requested from the insurance companies.
ArmInfo. In the Armenian insurance market, compensation growth continues to accelerate, while premium growth has slowed, as a result of which market profits have begun to decline, according to the data of the anniversary issue No.75 of the Financial Rating of Insurance Companies of Armenia as of September 30, 2023, prepared by ArmInfo IC based on published reports and portfolio data requested from the insurance companies.
ArmInfo.An International Monetary Fund (IMF) team, led by Iva Petrova, visited Yerevan during September 13-25 to hold discussions with the Armenian authorities for the 2023 Article IV consultation and the second review under the Stand-By Arrangement (SBA) with Armenia. At the conclusion of the discussions, Ms. Petrova issued the following statement:
ArmInfo. In Armenia, the specific debt burden per capita by October 1, 2023 increased to $3.8 thousand from $3.4 thousand a year earlier. Moreover, the per capita debt burden increased both in terms of external debt from $2.1 thousand to $2.2 thousand, and in terms of internal debt from $1.3 thousand to $1.6 thousand, amid an increase in the population of Armenia over the year by 23.2 thousand people - up to 2.994 million people by October 1, 2023.
ArmInfo.An International Monetary Fund (IMF) team, led by Iva Petrova, visited Yerevan during September 13-25 to hold discussions with the Armenian authorities for the 2023 Article IV consultation and the second review under the Stand-By Arrangement (SBA) with Armenia. At the conclusion of the discussions, Ms. Petrova issued the following statement:
ArmInfo. In Armenia, the specific debt burden per capita by October 1, 2023 increased to $3.8 thousand from $3.4 thousand a year earlier. Moreover, the per capita debt burden increased both in terms of external debt from $2.1 thousand to $2.2 thousand, and in terms of internal debt from $1.3 thousand to $1.6 thousand, amid an increase in the population of Armenia over the year by 23.2 thousand people - up to 2.994 million people by October 1, 2023.