Wednesday, April 28 2021, 15:23
ArmInfo. In the first quarter of 2021, the share of the corporate component in the premium portfolios of Armenian insurers significantly exceeded the retail component - 64.9% (10.6 billion drams) and 35.1% (5.7 billion drams). AMD), almost repeating the figures of a year ago - 64.2% and 35.8%, respectively.
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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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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, 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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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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Monday, December 21 2020, 13:03
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Friday, October 30 2020, 10:37
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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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Friday, October 30 2020, 10:35
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Tuesday, October 20 2020, 18:10
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Tuesday, September 22 2020, 16:22
ArmInfo. In Armenia, the share of online-colcludedcompulsory motor third party liability policies (e-CMTPL) in the total number of agreements increased 3-fold by September 2020 - up to 14% from 5% a year earlier. According to the Armenian Motor Insurers' Bureau in January-August 2020, the number of CMTPL contracts concluded online reached 82,690, having increased 2.5-fold in y-o-y terms. At the same time, the total number of concluded CMTPL contracts decreased in y-o-y terms (January-August 2020 to January-August 2019) by 16.8%, amounting to 600,271. The volume of insurance premiums collected on them amounted to 13 billion drams, with a y-o-y decline of 8, 2%. And this happened amid y-o-y decline of 2.9% in the number of vehicles with compulsory motor third party liability insurance policy. During the reporting period, there were 617,032 CMTPL contracts that entered into force, the number of which decreased by 16.9% in y-o-y terms, and the volume of insurance premiums on them amounted to 13.9 billion drams with a y-o-y decline of 8.6%. The number of CMTPL contracts terminated during this period decreased by 59.8% - to 11,312, under which 183 million AMD premiums were returned or are subject to return. To note for comparison that a year earlier, in January-August 2019, the growth of vehicles with a CMTPL contract by 13% was accompanied by an increase in CMTPL contracts by 33.5% (and e- CMTPL - 3.6-fold) and the volume of collected premiums - by 25.2%.
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Wednesday, September 16 2020, 11:50
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Wednesday, September 9 2020, 15:50
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Friday, September 4 2020, 14:19
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Wednesday, September 2 2020, 19:25
ArmInfo.The Bureau of Auto Insurers of Armenia celebrates its 10th anniversary in September. By that date, the Bureau issued a progress report and presented in
figures the achievements on the main indicators. As ArmInfo was told
in the press service of the Bu Armenian Motor Insurers' Bureau, the
Bureau's long-term plans include membership in the international
Green Card system and broad cooperation within the framework of the
CIS countries. In the medium term, it is planned to liberalize
insurance premiums either with the establishment of maximum and
minimum thresholds, or without the need for them.
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Monday, August 24 2020, 16:07
ArmInfo. In Armenia, the share of electronic CMTPL (e- CMTPL) certificates of insurance in the total number of contracts increased 3-fold by August 2020 - up to 13% from 4% a year earlier.
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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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