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.
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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.
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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.
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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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Friday, November 10 2023, 12:59
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Wednesday, October 18 2023, 14:30
ArmInfo. In the insurance market of Armenia, the loss ratio for Compulsory Motor Third Party Liability (CMPTL) continues to grow, up to 66% as of October 1, 2023, from last year's 64%, according to the data from the Motor Insurers' Bureau of Armenia.
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Monday, September 18 2023, 16:22
ArmInfo.In the insurance market of Armenia, the loss ratio for Compulsory Motor Third Party
Liability (CMPTL) is slowly starting to increase year-on- year, from 63% to 65% by September 1, 2023, noticeably higher than the pre-Covid 69% in Jan-August 2019.
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Monday, September 4 2023, 16:59
ArmInfo.In the Armenian insurance market, the CMPTL loss ratio has been at the level of 64%
for a year now, which is much lower than 79% in Jan-July 2021 and the
pre-Covid 72% in the same period of 2019.
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Friday, July 14 2023, 16:58
ArmInfo. The loss ratio of motor third-party liability insurance (MTPL insurance) was 64% in the first half of 2023 against 65% in the first half of 2022, and 81% in 2021and 73% in 2019. This was accompanied by a liberalization of MTPL prices and slightly lower rates of a 2-digit annual increase in the number of MTPL insurance contracts from 19.7% down to 16.3%, and a slower % increase in insurance premiums, from 21.4% down to 6.5%. A 9.8% increase in insurance indemnities (up to $10.7mln) was recorded against an 8.7% decrease.
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Wednesday, May 17 2023, 19:36
ArmInfo. The loss ratio for CMPTL in Armenia in January-April 2023 decreased to 62% from 67% in January-April 2022, being much lower than the pre-Covid 73% in January- April 2019.
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Saturday, April 15 2023, 14:35
ArmInfo. The loss ratio of motor third-party liability insurance (MTPL insurance) was 62% in the first
quarter of 2023 against 69% in the first quarter of 2022, and 74% in the first quarter of 2019. The number of MTPL insurance contracts showed an increase from 15.9% to 17.8%, with a 12.8% increase in insurance premiums ($16.3mln) against 17.5% and a 6.7% increase in insurance indemnities (up to $10.7mln) against a 13.5% decrease.
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Tuesday, April 4 2023, 13:01
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Thursday, March 30 2023, 13:08
ArmInfo. According to the preliminary estimate of the Motor Insurers' Bureau, as a result of the liberalization of the CMTPL (Compulsory Motor Third Party Liability) market, from April 1, prices will decrease for 56% of car owners who choose the minimum base rate, for 21% they will remain approximately the same, and for 23% they will increase.
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Wednesday, March 29 2023, 16:19
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Monday, March 27 2023, 19:13
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Monday, March 20 2023, 22:52
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Monday, January 23 2023, 16:24
ArmInfo.The CMPTL loss ratio in Armenia decreased from 79% to 66% in 2022, being even lower than the pre-Covid 74% in 2019. This was due to an increase in the number
of concluded contracts by 16.1% year on year, as a result of which
insurance premiums rose by 15.6% to $67.3 million, while claims
simultaneously decreased by 4.6% to $39.8 million, according to the
data of Armenian Motor Insurers' Bureau .
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Wednesday, November 16 2022, 20:33
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Tuesday, November 15 2022, 21:18
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Thursday, September 15 2022, 20:01
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