Monday, February 11 2019, 15:15
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Saturday, January 19 2019, 16:27
ArmInfo.The MTPL unprofitability ratio increased in 2018 from 65% to 72.5%. This is evidenced by the data of the Armenian Motor Insurers' Bureau. According to the Bureau, as of January 1, 2019, there are 508297 vehicles in Armenia with MTPL contract, with a y-o-y increase of 10459 units or 2.1%, against an increase of a year ago by 29710 units or 6.4%. Of the total number of vehicles with MTPL-contract, 25.23% covers Rosgosstrakh Armenia, 23.44% - Nairi Insurance, 22.34% - INGO Armenia, 12.29% - Sil Insurance, 8.53% - Armenia Insurance and 8.17% - RESO. |
Thursday, December 20 2018, 17:47
ArmInfo. In January-September 2018, the insurance sector of Armenia paid taxes of 1.6 billion drams or $ 3.4 million, which is 23.8% less than a year ago. Of this amount, 1.4 billion drams are direct taxes (including income tax and tax on profit), with a y-o-y decline of 26.3%. According to the State Revenue Committee of the Republic of Armenia, according to the results of 9 months of 2018, all 6 insurance companies operating in the Armenian market were included on the list of the top 1000 taxpayers of Armenia. |
Friday, November 16 2018, 12:20
ArmInfo. For the first time, VTB Bank (Armenia), in cooperation with the Sil Insurance company, launches insurance for prepayment of mortgage loans provided under the program "Housing for Young Families". As ArmInfo was told by the Bank's press service the matter concerns insuring financial risks. In particular, of the 30% prepayment, the client pays 10%, and the remaining 20% paid by the bank are covered by financial risk insurance. In this case, the bank frees the borrower from the need to provide additional collateral in the form of real estate, as it was before. |
Friday, November 2 2018, 12:13
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Thursday, November 1 2018, 17:32
ArmInfo. The premiums of Armenian insurance companies for the third quarter of 2018 improved the dynamics with a recovery of 5.8% from the 43.5% decline (against 1.8% growth in the third quarter of 2017), with a similar picture of refunds - from a 7.3% decline by 26.7% growth (against 11.5% growth in the third quarter of 2017). |
Thursday, November 1 2018, 12:50
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Wednesday, August 8 2018, 19:01
ArmInfo.In the first half of 2018 as compared with the same period of 2017 Armenia's insurance companies registered a 30,6% growth in premiums amid 30,1% growth in compensation. A year earlier premiums demonstrated only 4,7% growth amid 30,5% growth of compensaitons. In Q2 alone, the dynamics of premiums deteriorated to 43,5% decline versus 36,1% growth in Q1 amid sharp slackening of compensations decline to 7,3% from 22,2% in Q1, amid 22,8% decline and 10,2% decline in Q2 2017 respectively. |
Wednesday, August 8 2018, 13:11
ArmInfo. The share of retail insurance in the portfolios of premiums of Armenian insurers for the first half of 2018 was 44.7% (9.8 billion drams), corporate insurance - 55.3% (12.2 billion drams). At the same time, year-over-year growth of retail insurance accelerated from 2.7% to 6%, while the acceleration rate of corporate insurance growth increased sharply from 8.5% to 58.2%. Before the introduction of CMTPL in Armenia, as well as obligatory individual health insurance of state employees, the share of corporate insurance significantly prevailed over retail one. |
Wednesday, August 8 2018, 11:07
ArmInfo. The total net profit of Armenian insurance companies in the first half of 2018 fell by 65.1% per annum (against the decline of 51.6% a year earlier), amounting to 443.2 million drams or $ 919 thousand. According to the Ranking of Armenian insurance companies prepared by ArmInfo News Agency, the deterioration of the annual dynamics is due to higher growth rates of insurance claims, rather than premiums. |
Wednesday, August 1 2018, 18:58
ArmInfo. The insurance sector of Armenia paid taxes for 1.1 billion drams in the first half of 2018, which is lower by 26.7% than a year ago. Of this amount, 995.5 million drams fell on direct taxes (including income tax and income tax), which is 28.9% higher than last year's figure. According to the RA State Revenue Committee, in the list of 1000 largest taxpayers in Armenia, according to the results of the first half of 2018, all 6 insurance companies operating on the market were included. |
Monday, May 14 2018, 16:35
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In Armenia, insurance premiums went up on April 1, 2018, and payments slowed down the pace of ascent
Monday, May 14 2018, 15:12
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Monday, May 14 2018, 13:58
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Friday, March 30 2018, 19:10
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Friday, March 30 2018, 15:45
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Friday, February 9 2018, 20:42
ArmInfo. The insurance sector of Armenia paid 2.652 billion AMD in taxes in 2017, which is 26.8% more than a year ago. Of this amount, over 91.4% or 2.425 billion AMD was paid under direct taxes (including income tax and income tax). According to the RA State Revenue Committee, in the list of 1000 largest taxpayers of Armenia, in the result of 2017, all 6 insurance companies operating on the market were included. |
Friday, February 9 2018, 18:15
ArmInfo. The volume of premiums for health insurance in Armenia increased by 28.1% in 2010 to 7.1 billion drams ($ 14.7 million), and compensation - by 17.8% to 4.03 billion drams ($ 8.3 million). According to the Analytical Ranking of Insurance Companies of Armenia prepared by IC ArmInfo, compared with the previous year, the growth rates of the medical insurance market have significantly increased due to the introduction of the first phase of compulsory medical insurance (OMC) for civil servants since October 2017. |