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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Tuesday, November 15 2022, 21:18
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Saturday, October 29 2022, 19:21
ArmInfo. Following the results of 9 months of 2022, the share of the corporate component in the premium portfolios of Armenian insurers, began to prevail over the
retail component even more - 53.8% (25.6 billion drams) against 46.2%
(21.97 billion drams) , while the gap was smaller in a similar
situation a year ago - 51.8% and 48.2%, respectively. According to
the Financial Rating of Insurance Companies of Armenia as of
September 30, 2022, prepared by ArmInfo, the capacity of the
corporate insurance market accelerated growth more noticeably, from
14% to 30.5%, than the capacity of the retail insurance market, from
10.2% to 20.1%.
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Friday, October 28 2022, 21:40
ArmInfo. Insurance companies in Armenia receive profits through insurance mainly from CMPTL and medical insurance - 8.1-7.6 billion drams, to a slightly lesser extent from property insurance, CASCO, accident insurance - 3.6-1.3 billion drams.
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Wednesday, October 26 2022, 14:58
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Tuesday, October 18 2022, 12:38
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Thursday, September 15 2022, 20:01
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Saturday, August 20 2022, 13:57
ArmInfo. The share of the corporate component continues to prevail over the retail one in the premium portfolios of Armenian insurers in H1 2022, - 58.2% (19.7
billion drams) against 41.8% (14.1 billion drams), which is very
close to the data of a year ago - 57% against 43% respectively.
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Thursday, August 18 2022, 12:30
ArmInfo.The total net profit of insurance companies (ICs) in Armenia for H1 2022 reached 2.3 billion drams ($5.6 million), with a y-o-y 19-multifold increase, with a
quarterly decline of 13.1%, against a y-o-y decline of 2-fold and a
quarterly increase of 2.5-fold in comparable periods in 2021.
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Thursday, August 18 2022, 12:26
ArmInfo.. "Rossgostrakh Armenia" IC continues to lead in terms of net insurance premiums and net insurance claims. According to the data of the Financial Rating of
Insurance Companies of Armenia as of June 30, 2022, prepared by
ArmInfo, following the results of the first half of the year, the net
insurance premiums of "Rossgostrakh Armenia" IC exceeded 5.9 billion
drams ($14.6 million), and net insurance claims - 3.8 billion drams
($9.4 million), with a y-o-y growth of the net insurance premiums by
11.3%, while the net insurance claims declined by 7.3%.
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Friday, July 29 2022, 23:45
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Monday, July 18 2022, 12:49
ArmInfo.The loss rate for compulsory motor third-party liability insurance (CMTPLI) is going down - 65% in the first half of 2022 against 81% in the first half of 2021, and 73% in 2019. The cause is a 19.7% year-on-year increase in the number of insurance contracts, which caused a 21.4% increase in insurance premiums, up to $29mln, with a simultaneous 8.7% decline in insurance indemnities, down to $18.7mln, the Armenian Motor Insurers' Bureau reports.
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Monday, May 16 2022, 19:31
ArmInfo.In Armenia, the number of vehicles with a CMPTL policy increased in January-April 2022 more significantly than in the pre-Covid comparable period, which allowed the volume of insurance premiums to exceed the upward trend of two
years ago.
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Wednesday, May 11 2022, 15:19
ArmInfo. The share of the corporate component in the premium portfolios of Armenian insurers in Q1 2022 exceeds the retail component - 65.5% (13.3 billion drams) and 34.5% (7 billion drams), almost repeating the figures of a year ago - 64.9%
and 35 .1% respectively.
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Wednesday, May 4 2022, 18:30
ArmInfo. "Rossgostrakh Armenia IC " holds the lead in net insurance premiums, while continuing to lead in net insurance claims as well. This is evidenced by the data of the
Financial Rating of Insurance Companies of Armenia as of March 31,
2022, prepared by ArmInfo IC, based on the results of the first
quarter.
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Wednesday, May 4 2022, 15:50
ArmInfo. The total profit of insurance companies (ICs) of Armenia for Q1 2022 exceeded 1.2 billion drams (over $2.5 million), with a 4-4.4-fold climb in terms of y-o-y
and quarterly (against a 2.2-2.5-fold decline in the comparable
periods of 2021).
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Tuesday, April 26 2022, 14:56
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Wednesday, April 20 2022, 14:09
ArmInfo. In the first quarter of 2022, the Armenian insurance sector's tax payment a total of AMD 667.7mln - a 35.3% year-on-year increase. Of this amount, direct taxes totaled AMD 574.2mln (85.9%) - a 37% year-on-year increase.
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Friday, April 15 2022, 17:18
ArmInfo.. The number of vehicles with an CMPTL policy in Armenia, in Q1 2022increased more significantly than in the pre-Covid comparable period, due to which the volume of insurance premiums exceed the upward trend of two years
ago.
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Thursday, March 17 2022, 18:47
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