Thursday, January 11 2018 21:00
Karina Melikyan

Nairi Insurance IC (Insurance Company) urges media entities not to associate with it and its founders the situation at the Bagratashen customs office and not to attribute the actions that do not correspond to reality

Nairi Insurance IC (Insurance Company) urges  media entities not to  associate with it and its founders  the situation at the Bagratashen  customs office and not to attribute the  actions that do not  correspond to reality

ArmInfo. The Insurance Company   of  Nairi Insurance urges the media not to associate with it and its  founder the situation at Bagratashen customs point, and not to  ascribe to it any actions that do not correspond to reality. This is  the context of the official response of  Nairi Insurance IC to the  request of ArmInfo regarding the reliability of the information   rumored about the monopolistic implementation of auto insurance  throughTop-Spin LLC office located right at at the Bagratashen  customs station.

The content of the official response of SC "Nairi Insurance" is as  follows: "We are informed that Top-Spin LLC, being a registered  insurance agent at  the Central Bank, is one of 479 insurance agent  of  Nairi Insurance and within its agency has legal and a real  opportunity to cooperate with other insurance companies. In addition,   the information regarding  which insurance companies agent the   Top-Spin LLC appears, can be found on the official website of the  Central Bank of Armenia at  https://www.cba.am/am/SitePages/fscfoinsuranceagents.aspx In view of  this, the rumors about monas the opium of SC "Nairi Insurance" in the  person of OOO "Top-Spin" at the Bagratashen customs point are not  true. "

Recall that it is only Top Spin LLC that  permnently works at  the  Bagratashen customs office (TP) , and the remaining insurance agents  implement their activities in  "booths-tents," located on the  approach to the customs unit, which by the decision of the Government  were dismantled at the beginning of this year. Since that moment,  protest rallies began at the Bagratashen customs station, the essence  of which was to deprive the rest of the agents of the opportunity to  carry out auto insurance in this area and refuse to provide them,  like Top-Spin LLC, with TP territory for stationary work. January 9  this year. the protesters, having received no answers to the  complaints submitted before, had already been forced to block this  section of the road, and only by the end of the day the police  managed to persuade them to remove the "blockade" and release the  roadway.

According to the updated ArmInfo, the Bureau of Motor Insurers of  Armenia is already discussing with specific bodies to find ways to  resolve the situation. There is also information that Top-Spin LLC   and other insurance companies offered cooperation.

Note that in the Armenian market there are 6 insurance companies and  about 6,400 insurance agents, 1630 from which are legal entities.   Nairi Insurance IC  has been operating i Armenia  since December  1996, its shareholders are Levon Kocharyan (son of the second  president of Armenia Robert Kocharyan) - 60% and Vahagn Khachatryan -  40%.

POST A COMMENT
Input digits     


News
Armenia`s minister of high-tech industry, WB reps discuss expansion  of cooperationArmenia`s minister of high-tech industry, WB reps discuss expansion  of cooperation
Armenia runs out of 81% of duty-free import of electric vehicles by  persons without distribution agreements Armenia runs out of 81% of duty-free import of electric vehicles by  persons without distribution agreements 
USD transactions down, RUB ones up in Armenia`s interbank foreign  exchange market, Feb 10-14USD transactions down, RUB ones up in Armenia`s interbank foreign  exchange market, Feb 10-14
Armenian wine showcased in France - Wine Paris 2025Armenian wine showcased in France - Wine Paris 2025
In 2024, Armenia`s population increased, however, the entry-exit  balance remained negativeIn 2024, Armenia`s population increased, however, the entry-exit  balance remained negative
KardaLove 2024: AraratBank is the Main Sponsor of the Book FestivalKardaLove 2024: AraratBank is the Main Sponsor of the Book Festival
Armenia to implement subsidy program for real fruit vodka  production  Armenia to implement subsidy program for real fruit vodka  production  
RA State Revenue Committee on procedure of temporary import of  personal vehiclesRA State Revenue Committee on procedure of temporary import of  personal vehicles
326 trucks from Armenia at Upper Lars check-point 326 trucks from Armenia at Upper Lars check-point 
South Caucasus Railway sets discount price for  Yereavn-Tbilisi-Yerevan train tickets South Caucasus Railway sets discount price for  Yereavn-Tbilisi-Yerevan train tickets 
Armenia`s government discusses 2025-2029 framework partnership  programme with WBArmenia`s government discusses 2025-2029 framework partnership  programme with WB
Ameriabank absolute leader in car-purchase lending Ameriabank absolute leader in car-purchase lending 
AraratBank Receives Prestigious Partner of the Year Award from Ria Money TransferAraratBank Receives Prestigious Partner of the Year Award from Ria Money Transfer
Armenia`s Ministry of Finance harmonizing laws with premier`s  statements Armenia`s Ministry of Finance harmonizing laws with premier`s  statements 
Armenia, India considering joint research and developmentArmenia, India considering joint research and development
No calculations on energy consumption available in Armenia as basis  for energy generating facilities - expertNo calculations on energy consumption available in Armenia as basis  for energy generating facilities - expert
Armenia joins Interreg Next development programme of Black Sea basinArmenia joins Interreg Next development programme of Black Sea basin
2024 year of radical electric energy reforms 2024 year of radical electric energy reforms 
Armenia needs conditions for solar, hydro energy to be basic -  ex-official Armenia needs conditions for solar, hydro energy to be basic - ex-official
Armenia needs new 600MW nuclear unit - ex-official Armenia needs new 600MW nuclear unit - ex-official 
Central Bank Governor: We are trying to establish new systems capable  of addressing new challengesCentral Bank Governor: We are trying to establish new systems capable  of addressing new challenges
Armenia eventually will phase out the turnover tax - Prime MinisterArmenia eventually will phase out the turnover tax - Prime Minister
Viva Armenia issues its first bonds worth $80 million, with  Ameriabank  as  underwriterViva Armenia issues its first bonds worth $80 million, with  Ameriabank  as  underwriter
Expert: Closing Metsamor NPP without constructing a new one would be  disastrous for ArmeniaExpert: Closing Metsamor NPP without constructing a new one would be  disastrous for Armenia
Greater administrative liability for late submission of fnancial  reports to be in effect in Armenia Greater administrative liability for late submission of fnancial  reports to be in effect in Armenia 
Armenian NA approves amendments to Law on Budget System Armenian NA approves amendments to Law on Budget System 
Real estate prices to remain unchanged in Armenia in 2025 Real estate prices to remain unchanged in Armenia in 2025 
Armenia`s high-tech exports saw a slight increase in 2024Armenia`s high-tech exports saw a slight increase in 2024
Roman Khudoliy: We affirm our unwavering commitment to adhering and  implementing decisions made by companyRoman Khudoliy: We affirm our unwavering commitment to adhering and  implementing decisions made by company
Pashinyan attends plenary session of Artificial Intelligence Action  Summit in ParisPashinyan attends plenary session of Artificial Intelligence Action  Summit in Paris
About 900 approved applications for participation in bad loan  repayment programme in Armenia About 900 approved applications for participation in bad loan  repayment programme in Armenia 
Armenia`s ministry of economy proposes bill to rule out duty-free import of electric vehicles Armenia`s ministry of economy proposes bill to rule out duty-free import of electric vehicles 
Armenia`s savings funds used ineffectively - MPArmenia`s savings funds used ineffectively - MP
Armenia to cooperate with French companies in AI ecosystem  development Armenia to cooperate with French companies in AI ecosystem  development 
ZCMC to resume operation after 10-day strikeZCMC to resume operation after 10-day strike
4,632,795 AMD for the DigiCode-2025 Competition – February`s Beneficiary is QaylTech4,632,795 AMD for the DigiCode-2025 Competition – February`s Beneficiary is QaylTech
ZCMC management ready to change payment terms ZCMC management ready to change payment terms 
Ordinary citizens cannot afford legal services now - lawyer Ordinary citizens cannot afford legal services now - lawyer 
Armenia`s ministry of finance satisfied with auditing reforms Armenia`s ministry of finance satisfied with auditing reforms 
Greater administrative liability for late submission of financial  statements to be in effect in Armenia Greater administrative liability for late submission of financial  statements to be in effect in Armenia 
Armenia`s government to harmonize investments programmes with state  budget Armenia`s government to harmonize investments programmes with state  budget 
Armenia`s pension funds to be afforded ampler opportunities to invest  in U.S. securities - CBArmenia`s pension funds to be afforded ampler opportunities to invest  in U.S. securities - CB
Armenia`s concurrent membership in EU and EAEU impossible - RF Deputy  FM Armenia`s concurrent membership in EU and EAEU impossible - RF Deputy  FM 
Active USD transactions in Armenia`s interbank foreign exchange market  February 3-7, 2025Active USD transactions in Armenia`s interbank foreign exchange market  February 3-7, 2025
Traffic in Upper Lars returned to normalTraffic in Upper Lars returned to normal
International Business Relations Support Council head criticizes tax  hike for SMEsInternational Business Relations Support Council head criticizes tax  hike for SMEs
ZCMC started terminating employment contracts with saboteursZCMC started terminating employment contracts with saboteurs
Deputy Economy Minister: Businesses should understand that without  proper document flow it is impossible to ensure smooth business  operationsDeputy Economy Minister: Businesses should understand that without  proper document flow it is impossible to ensure smooth business  operations
Armenian jewelry dealers offer their own formula for eliminating the   Armenian jewelry dealers offer their own formula for eliminating the   "shadow"
Lusine Gevorgyan, the head of the Tourism Committee of Armenia, hopes for the liberalization of the visa regime with the EU in the next 5 years.  She stated this during a press conference on February 7.Lusine Gevorgyan, the head of the Tourism Committee of Armenia, hopes for the liberalization of the visa regime with the EU in the next 5 years.  She stated this during a press conference on February 7.
Retail jewelers  losing their competitiveness. Armenian Ministry of  Finance has a solutionRetail jewelers  losing their competitiveness. Armenian Ministry of  Finance has a solution
Tourism Committee to enhance organized tourism developmentTourism Committee to enhance organized tourism development
Representatives of Human Rights Defender met with ZCMC employeesRepresentatives of Human Rights Defender met with ZCMC employees
Birth rate in Armenia decreased by 8% in 2024Birth rate in Armenia decreased by 8% in 2024
By 2025, Armenia`s population exceeded 3 million peopleBy 2025, Armenia`s population exceeded 3 million people
Armenia`s trade sector generated $16.2 billion in revenue in 2024.Armenia`s trade sector generated $16.2 billion in revenue in 2024.
Air cargo transportation maintained double-digit growth in 2024,  while other types of transportation saw a declineAir cargo transportation maintained double-digit growth in 2024,  while other types of transportation saw a decline
Armenia`s communications sector experienced accelerated  growth in  2024Armenia`s communications sector experienced accelerated  growth in  2024
ZCMC issues another statement regarding the situation at the  enterpriseZCMC issues another statement regarding the situation at the  enterprise
Armenia`s ECPC Head to participate in the meeting of antimonopoly  agencies of  EAEU countries in Armenia`s ECPC Head to participate in the meeting of antimonopoly  agencies of  EAEU countries in "5+1" format
Read more
Exchange rates
14.02.2025
RUB4.360.03
USD396.510.09
EUR414.951.96
GBP498.653.36
CAD279.552.12
JPY25.990.21
CNY54.570.22
CHF439.642.48