The insurance sector of Armenia transferred $ 3.2 million to the  state treasury for taxes in 9 months of 2020

 Saturday, October 17 2020 22:00:00
The insurance sector of Armenia transferred $ 3.2 million to the  state treasury for taxes in 9 months of 2020

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).

``ArmInfo`` issued the 60th anniversary insurance informational and  analytical bulletin
 Tuesday, February 18 2020 14:10

ArmInfo. "ArmInfo" Information Company issued the 60th anniversary quarterly information and analytical bulletin "Ranking of Armenian Insurance Companies".

RA Ministry of Economy: Agricultural Risk Insurance Program to be  expanded in Armenia
 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.

Arsen Torosyan to discuss in the Republic of Korea principles of  introducing health insurance 
 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".

M. Abrahamyan: Agricultural risks insurance will definitely have  positive impact on the development of agricultural sector and  agricultural lending
 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.

Growth in CMTPL and health insurance reimbursements keeps slowing  down 
 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).

Growth of premiums for 2019 accelerated in Armenia`s insurance  market, being ahead of the growth in payments
 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%.

The dominant retail component grows in the portfolios of premiums and  indemnities of Armenian insurers
 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.

Armenian Prime Minister does not have a clear position on the project  of introducing Institute of Health Insurance
 Wednesday, January 22 2020 18:11

ArmInfo. Armenian Prime Minister Nikol Pashinyan does not have a clear position on the project of introducing the Institute of Health Insurance. He stated this on January 22 in the country's parliament, answering the  question of MP Arkady Khachatryan.

The Ministry of Finance of the Republic of Armenia discussed the  concept of universal health insurance proposed by the Ministry of  Health
 Thursday, December 12 2019 20:01

ArmInfo. On December 12, a regular meeting of the expanded Public Council on improving income policy was held at the Ministry of Finance of the Republic of  Armenia, during which the concept of introducing universal health  insurance proposed by the Ministry of Health was discussed.

Minister of Healthcare calls on working citizens to refrain from the  approaches of "wild capitalism" and not scrimp on the treatment of  fellow citizens
 Wednesday, November 27 2019 18:06

ArmInfo.The Minister of  Healthcare of Armenia Arsen Torosyan, the initiator of the "health tax" today decided to talk again with his, as he put it in,  "followers", so that he could "direct discussions on the  implementation of Universal Health Coverage (UHC) in the right  direction".

Armenia`s Universal Health Coverage takes from the rich and gives to  the poor: initiator of "health tax" clarifies
 Tuesday, November 26 2019 18:33

ArmInfo. The healthcare sector of Armenia needs additional resources in the amount of 150 billion drams and there is no alternative to the introduction of a new type  of payroll tax. This was stated by the initiator of the "health tax",  the Minister of Healthcare of Armenia Arsen Torosyan during a live  broadcast on his Facebook page.

Y-o-y growth in insurance claims for CMTPL and medical insurance  slows down
 Friday, November 15 2019 18:13

ArmInfo. For 9 months of 2019,  the Armenian insurers reimbursed 18.2 billion drams or $ 38.2 million  in 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). In y-o-y terms,  reimbursements of insurers increased by 9.9%, against growth by 37.9%  a year earlier.

Net profit of Armenian insurance companies grew 3-fold in 9 months of  2019
 Friday, November 15 2019 16:43

ArmInfo. The total net profit  of Armenian insurance companies for 9 months of 2019 compared to the  same period a year ago increased 3-fold (against a decline of 77.4% a  year earlier), exceeding 1.1 billion drams or $ 2.4 million. 

Financial Rating of Rating ArmInfo: In the insurance market of  Armenia, the growth of premiums and indemnities is slowing
 Friday, November 15 2019 13:35

ArmInfo.  Premiums of Armenian  insurance companies increased over the 9 months of 2019 by 18.6% per  annum, with an increase in indemnities of 25.5%, against an increase  of 25% and 36.5%, respectively, a year earlier.

Armenian insurance sector continues to reduce tax payments to state  treasury
 Friday, November 1 2019 20:32

ArmInfo. In January-September 2019, the insurance sector of Armenia paid taxes at  1.211 billion drams or $ 2.5 million, which is 25% lower than the  indicator a year ago. Of this amount, 1.2 billion drams accounted for  direct taxes (including income tax and income tax), with an annual  decline of 14.3%. According to the RA State Revenue Committee,  according to the results of 9 months of 2019, 4 out of 6 insurance  companies operating in the Armenian market were included in the list  of 1000 largest taxpayers of Armenia.

Armenian government approved the procedure for subsidizing insurance  payments under the pilot agricultural insurance program
 Thursday, October 24 2019 18:50

ArmInfo.On October 24, the Armenian government approved the procedure for subsidizing insurance payments within the framework of the pilot agricultural risk  insurance program.

Within the framework of the Armenian-German partnership, the Central  Bank of the Republic of Armenia held a discussion meeting on the  topic of "Introduction of Livestock Insurance"
 Wednesday, October 23 2019 12:46

ArmInfo. Within the framework of the Armenian-German partnership, the Central Bank of Armenia held a discussion and discussion on the topic "Introduction of risk  insurance in the field of cattle breeding" on October 22.

In Armenia, discussing the possibility of introducing risk insurance  in the field of livestock
 Wednesday, October 23 2019 00:48

ArmInfo. On October 22, the Deputy Minister of Economy of Armenia Artak Kamalyan participated in a discussion meeting on the issue of introducing risk insurance in the field of cattle breeding. The meeting was organized by the  Central Bank of Armenia with the assistance of the German Development  Bank KfW and the National Agency for Agricultural Risk Insurers.

TPL system in Armenia to use digital technologies
 Thursday, October 10 2019 13:49

ArmInfo. In the system of compulsory motor third party liability insurance (CTP) in Armenia, digital technologies will begin to be applied. The decision on this  was made at a meeting of the RA Government on October 10.

Երեւանում մեկնարկել է ավանդների ապահոովագրության համար ԵԱՏՄ անդամ երկրների օրենսդրությունների ներդաշնակեցման  փորձագիտական խմբի 1-ին նիստը
 Friday, October 4 2019 16:16

ArmInfo. Երեւանում մեկնարկել է ԵԱՏՄ անդամ երկրների ավանդների ապահովագրության համար օրենսդրության ներդաշնակեցման փորձագիտական խմբի առաջին նիստը:



Exchange rates

Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

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Кол-во сделок


Объем (инвал.)

200 000

0бъем (драм)

96 400 000