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.

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.  

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.

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.

ArmInfo.

ArmInfo.In the consumer market of Armenia in Q1 2022, 3.5% inflation was recorded against last year's 3.8%. Inflation in Q1 2022 was mainly driven by a 5.8% increase in  food prices and a 2.3% increase in service tariffs, while non-food  prices rose by 1.3%.

ArmInfo.

ArmInfo. 0.1% inflation was registered in the consumer market of Armenia in February 2022, with a y-o-y inflation of 6.5%, against 0.6% inflation in February 2021 with  a y-o-y inflation of 5.3%. This is evidenced by the data of the RA  Statistical Committee.

ArmInfo. Since today, compulsory motor vehicle  insurance policies (CMTPL) in Armenia have risen in price by 3.000  drams ($6.5).

ArmInfo. In Armenia, the number of vehicles with CMTPL policy is gradually recovering its growth rates, allowing the increase in fees to gain momentum. Thus,  according to the Bureau of Motor Insurers of Armenia, their number  increased by 9.6% per annum in 2021, with an exit from the 12.4%  decline in 2020, but so far is much inferior to the pre-Covid  ascending 18.5% in 2019.

ArmInfo. The number of vehicles with a compulsory motor third party liability insurance (CMPTL) policy in Armenia is gradually recovering its growth rates,  which allows the growth of fees to gain momentum.

ArmInfo.IDBank and Idram have established a new shopping culture in Armenia. Non-cash QR payments and non-cash payments in physical and online stores are commonplace for corporate customers, and Rocket line digital credit has also solved the problem of wallet content, or rather its balance.

ArmInfo. In Armenia, the very slow growth of vehicles with a CMPTL policy restrains the growth of fees. So, according to the Motor Insurers' Bureau of Armenia, in  January-September 2021 their number increased by 1.3% per annum, with  a change of the 3.6% decline a year earlier, but is still much  inferior to the pre-COVID rising rates of 14.3% for the same period  of 2019.

ArmInfo. Digitalization is one of the main directions of Ameriabank's strategy. In this  direction, the Bank has registered certain successes, having  developed a unique set of digital ecosystems and solutions.

ArmInfo. The growth of vehicles with CMTPL (compulsory motor third party liability policy) resumed in Armenia. And as evidenced by the data of the Bureau of  Motor Insurers of Armenia, their number increased in January-August  2021 by 1% per annum, with an exit from the 2.9% decline a year  earlier, but so far it is much inferior to the pre-covid upward rate  of 13% for the same period in 2019.

ArmInfo.In Armenia, fees on travel insurance reached a significant 70% growth in the first half of 2021 (from a significant 46.4% decline a year earlier), reaching a  volume of 235.9 million drams ($ 475.8 thousand). Such growth,  associated with some activation of outbound tourism, allowed not only  to approach the volume of two years ago, but also to return the 1%  share of travel insurance in the total portfolio of premiums.

ArmInfo.In the premium portfolios of Armenian insurers in the first half of 2021, the  corporate component continues to prevail over the retail one - 57%  (15.1 billion drams) and 43% (11.4 billion drams), almost repeating  the indicators of a year ago - 56.2% and 43.8% respectively.  According to the Financial Rating of Insurance Companies of Armenia,  prepared by ArmInfo IC, the annual dynamics of the absolute values of  both indicators changed from the 7.4-8.5% decline by 10.9-7.6%  growth.

ArmInfo.In Armenia, the number of terminated CMTPL contracts continues to grow rapidly - 3.9 -fold in January-May 2021 compared to the same period a year ago, amounting to 19,500. And almost the same - the volume of returned or refundable  premiums increased by 3 times - up to 236.1 million drams ($ 453.4  thousand). This is evidenced by the data of the Bureau of Motor  Insurers of Armenia, according to which, in the reporting period, the  number of vehicles with MTPL policy decreased by 2.3%.

ArmInfo.

ArmInfo.