Motor Insurers` Bureau of Armenia is increasing the maximum threshold under the European protocol to 400 thousand drams from September 18 Friday, September 6 2024 15:05:00
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 ArmInfo. The Motor Insurers' Bureau of Armenia has announced an increase in the maximum damage threshold under the Euro protocol to 400 thousand drams from the previous 200 thousand drams effective from September 18 of this year. |
Friday, August 23 2024 17:36
ArmInfo.Premiums in Armenia's insurance market have began to decrease while indemnities are still increasing at double-digit rates. This trend is starting to impact the companies' profits. (As ArmInfo analysts note, the transition of insurance companies' financial statements to a new format each time conceals more and more important indicators, making it difficult to analyze the state of the market. >>> |
Monday, August 19 2024 12:19
ArmInfo. In the insurance market of Armenia, the loss ratio for compulsory motor third-party liability insurance increased to 79.3% by August 1, 2024 from 64% last year. This is evidenced by the data of the Bureau of Motor Insurers of Armenia. >>> |
Wednesday, July 17 2024 16:23
ArmInfo. Insurance company Ingo has introduced a completely new product for the financial market of Armenia - insurance against job loss. The new product is designed to support employees by covering their financial obligations, even in the event of mutual dismissal. >>> |
Monday, June 17 2024 17:18
ArmInfo.From January 1, 2026, medical insurance and accident insurance will become mandatory for tourists arriving in Georgia. >>> |
Thursday, May 30 2024 15:14
ArmInfo.EFES Insurance Company continues its activities by concluding significant international contracts that made international medical achievements financially and technologically available for our population. >>> |
Thursday, May 16 2024 10:31
ArmInfo.At the moment, there is no specific date for the entry into force of the law on compulsory life and health insurance for tourists visiting Georgia. This was reported by the press secretary of the Armenian Foreign Ministry Ani Badalyan. >>> |
Friday, April 12 2024 13:38
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 11 2024 20:13
ArmInfo.The Asian Development Bank (ADB) intends to expand its areas of activity in Armenia. Luke Fochtman, Deputy Country Director of ADB (Asian Development Bank )Armenia Resident Mission stated this during a press conference on April 11, presenting the ADO (Asian Development Outlook). >>> |
Thursday, April 11 2024 13:02
ArmInfo.By changing the trademark from "INGO Armenia" to "INGO", the insurance company begins a new stage of its development. As stated in the official statement of INGO IC , the new "simplified" brand name reflects the company's desire to simplify the understanding of its services, to make insurance simple, transparent and reliable. "INGO's mission is to reduce risks and provide clients with the freedom to make confident decisions," the company said in a statement. >>> |
Thursday, February 22 2024 18:08
ArmInfo. From April 2024, the policyholders will be required to indicate the number of their bank account (card or current), or the account of their authorized representative in the CMTPL (Compulsory Motor Third Party Liability) agreement. This is noted in the message of the Motor Insurers' Bureau of Armenia received by ArmInfo. >>> |
Thursday, February 15 2024 17:53
ArmInfo. The net profit of the insurance sector of Armenia dropped by 33% in 2023, after a 4.5-fold increase in 2022. "This resulted from higher reimbursement growth of 30% with a modest 17% increase in premiums. >>> |
Wednesday, February 7 2024 17:10
ArmInfo.The EAEU countries must ensure that citizens of member states, while staying in another country of the Union, can receive medical care without thinking about what to pay, Academician of the Russian Academy of Sciences Gennady Onishchenko stated during a video conference Moscow-Astana-Bishkek-Yerevan-Minsk on the topic: "Biosecurity of the EAEU countries." >>> |
Tuesday, February 6 2024 19:43
ArmInfo.In case of having diseases included in the list established by the RA Government, based on the conclusion issued by the Ministry of Health, the participants have the right to submit a claim to receive the funds in their pension account in full any time, including before turning their pension age, the press service of the RA NA reports. >>> |
Monday, January 22 2024 11:25
ArmInfo.Chaired by Prime Minister Nikol Pashinyan, a consultation was held in Jermuk, during which the works and further steps towards the introduction of comprehensive health insurance were discussed. >>> |
Tuesday, January 16 2024 21:00
ArmInfo. In case of fulfillment of certain conditions by drivers in Armenia, the amount of fines for the absence of an insurance contract will be reduced 4-fold. At the plenary session on January 16, the National Assembly of the Republic of Armenia introduced amendments to the Code of Administrative Offenses in the second and final reading. >>> |
Friday, December 15 2023 14:07
ArmInfo.By December 1, 2023, the loss ratio for Compulsory Motor Third Party Liability (CMTPL) in the insurance market of Armenia, increased to 70% from last year's 65%, according to the data from the Motor Insurers' Bureau of Armenia. An increase in the coefficient began to be noticed in April of this year against the background of the transition to the liberalization of PPP tariffs. >>> |
Friday, December 8 2023 15:08
ArmInfo.In Armenia, the procedure for submitting documents to the RA Police on concluding an agreement on Compulsory Motor Third Party Liability (CMPTL) for fined drivers will be simplified. At the plenary session on December 8, the National Assembly of the Republic of Armenia is discussing amendments to the Code of Administrative Offenses in the first reading. >>> |
Monday, December 4 2023 17:41
ArmInfo. In Armenia, the procedure for submitting documents to the RA Police on concluding an agreement on Compulsory Motor Third Party Liability for fined drivers will be simplified. At a meeting on December 4, the RA National Assembly Standing Committee on Defense and Security issued a positive opinion on the draft amendments to the Code of Administrative Offences. >>> |
Thursday, November 16 2023 15:09
ArmInfo. The loss ratio of motor third-party liability insurance (MTPL insurance) was 68% as of November 1, 2023, against 64% last year, in the first quarter of 2022, Armenian Motor Insurers Bureau. >>> |
Wednesday, November 15 2023 16:48
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. >>> |
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