Wednesday, April 14 2021, 16:18
ArmInfo. In Armenia, the growth of CMPTL E-policy sales continues to slow down in 2021 , to 66.1% in the first quarter from 3.2 times in the same period in 2020. According to the Armenian Motor Insurers ' Bureau, the number of CMPTL contracts concluded online reached 41,493 in the first quarter of 2021. Their share in the total number of CMPTL contracts increased in the first quarter of 2021 to 19% from 11% a year earlier.
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Monday, March 22 2021, 19:27
ArmInfo. In February 2021, 1,800 agreements between farmers and insurance companies were concluded in Armenia within the framework of the agricultural insurance program, while for the whole of 2020 their number was 1,500, Head of the Department for Development of Agricultural Programs of the RA Ministry of Economy Ira Panosyan said.
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Wednesday, March 3 2021, 14:04
ArmInfo. For 2020, Armenian insurers reimbursed 23.2 billion drams or $ 44.4 million in different classes (figures are given from the reports of IC portfolios according to the standards of the Central Bank of Armenia).
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Saturday, February 27 2021, 14:49
ArmInfo.At the end of 2020, premiums in the insurance market of Armenia turned their annual dynamics from 19.1% growth to 2.6% decline, which was also observed
along the trend of indemnities - from 17% growth to 13.2% decline.
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Friday, February 26 2021, 20:45
ArmInfo.The total net profit of insurance companies in Armenia for 2020 jumped 4.6 times (against a growth of 6.4 times in 2019), exceeding 4.4 billion drams or $ 8.5 million. According to the Financial Rating of Armenian insurance companies prepared by ArmInfo IC, this was observed against the background of deterioration of the annual dynamics of both premiums and reimbursements, the former being less significant than the latter.
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Friday, February 26 2021, 19:07
ArmInfo. In 2020, the shares of retail and corporate components in premium portfolios of Armenian insurers almost equalized - 50.3% (22.4 billion drams) and 49.7% (22.1 billion drams), against 52.8% and 47.2%, respectively. earlier. According to the Financial Rating of Insurance Companies in Armenia, prepared by ArmInfo IC, the retail insurance market capacity dropped by 13.6% from 22.1% growth a year earlier, along with which the dynamics of corporate insurance worsened - from 17.3% to 4.5% decline.
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Friday, February 12 2021, 11:01
ArmInfo.Armenian insurance companies registered the first results of agricultural risks insurance - for 2021. According to the quarterly Financial Rating of Insurance
Companies of Armenia, prepared by the Financial Analysis Service of
ArmInfo IC, in 2020 the country's insurers participating in the
agricultural insurance program collected premiums totaling 130,946.0
thousand drams.
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Saturday, January 23 2021, 14:54
ArmInfo.In Armenia, the growth rate of sales of E-CMTPL policies is slowing down - from 3.6-fold in 2019 to 2.2-fold in 2020. According to the Bureau of Motor Insurers
of Armenia, in 2020 the number of CMTPL agreements concluded online
reached 135,452. Their share in the total number of CMTPL agreements
increased from 5% in 2019 to 15% in 2020.
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Wednesday, January 20 2021, 20:58
ArmInfo.The list of 1000 largest taxpayers in Armenia at the end of 2020 included 5 insurance companies out of 6 operating in the country, while a year earlier
there were only 3 in this list.
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Friday, October 30 2020, 10:36
ArmInfo.According to the results of 9 months of 2020, the corporate component dominates in the premium portfolios of Armenian insurers - 50.9% (AMD 17.2 billion),
while the retail component accounts for 49.1% (AMD 16.6 billion),
against 49.7% and 50, 3% respectively a year earlier.
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Tuesday, October 27 2020, 15:19
ArmInfo. The total net profit of insurance companies in Armenia for 9 months of 2020 jumped 3.6 times against the same period last year (against 3 times growth a
year earlier), exceeding 4 billion drams ($ 8.2 million).
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Saturday, October 17 2020, 22:00
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).
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Friday, August 21 2020, 16:51
ArmInfo. The implementation of the agricultural risks insurance program, which practically began at the end of last year, has shown its effectiveness and even to a certain extent exceeded the expectations of insurers. Specialist in
agricultural insurance, Head of the Underwriting Department of "INGO
Armenia" insurance company Levon Kocharyan said in an interview with
ArmInfo.
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Wednesday, August 5 2020, 19:22
ArmInfo.According to the results of the first half of 2020, the corporate component dominates in the premium portfolios of Armenian insurers - 56.2% (13.7 billion drams), while the retail component accounts for 43.8% (10.6 billion drams), against 55.9% and 44, 1% respectively a year earlier.
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Tuesday, August 4 2020, 14:20
ArmInfo. For the first half of 2020, Armenian insurers reimbursed 11.3 billion drams or $ 23.4 million in different classes (the figures are given from the reports
of IC portfolios according to the standards of the Central Bank of
Armenia). In y-o-y terms, insurance claims declined by 4.7%, against
an increase of 9.8% a year earlier. The same deterioration in the
y-o-y dynamics was demonstrated by insurance premiums - from an 18.7%
growth to a 7.7% decline, amounting to 24.3 billion drams or $ 50.3
million.
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Monday, August 3 2020, 13:20
ArmInfo. Motor Insurers' Bureau of Armenia announces an increase from August 1, of the maximum damage threshold under the Euro protocol to 200 thousand AMD from the previous 100 thousand AMD. As the Bureau explains, this new threshold applies to insured events in Yerevan, the agreed declaration for
which is filled out through the ASWA mobile application.
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Wednesday, July 29 2020, 14:12
ArmInfo.The total net profit of insurance companies in Armenia in the first half of 2020 jumped 4.4 times against the same period last year (against 71% growth a year
earlier), exceeding AMD 3.3 billion or $ 6.9 million.
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Monday, July 20 2020, 18:59
ArmInfo. In the H1 of 2020, the insurance sector of Armenia paid taxes for 1.2 billion drams, which is 23.9% higher than a year ago. Out of this amount, 339.6 million
drams fell on income tax, with a y-o-y growth of 37.6%.
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Friday, July 17 2020, 14:52
ArmInfo. In Armenia, e-CMTPL insurance policies (e-CMTPL) are becoming more and more popular among car owners. As a result, the share of e-CMTPL in the total number of CTPL-contracts reached 13% by July 2020 from 4% a year earlier.
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Monday, June 22 2020, 13:23
ArmInfo. In Armenia, sales of TPL electronic policies are growing rapidly, the share of which in the total number of TPL agreements by June 2020 increased to 13% from 4% a year earlier. According to the data of the Auto Insurers Bureau of
Armenia, according to the results of January-May 2020, the number of
TPL-agreements concluded in the online mode reached 45504, having
increased 3 times in annual terms.
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