ARMENIA: Vehicle Owners Paid USD 36.3 Million for Insurance in 2015

26 January 2016 —
As of December 31, 2015, 457, 878 vehicles are registered as insured in Armenia.

Here's the company breakdown in terms of overall market share.

    Rosgosstrakh-Armenia - 31%
    Inco Armenia - 22%
    Nairi Insurance - 16%
    Sil Insurance - 12%
    Reso Insurance - 12%
    Armenia Insurance 7%

In 2015, drivers in Armenia paid a total of 17.660 billion AMD (USD 36.360 million) to insure their vehicles.

Rosgosstrakh-Armenia, the company enjoying the largest share of the market received 5.761 million AMD in insurance payments last year; followed by Inco (3.914 million), Nairi (2.873m), Sil (2.037m), Reso (1.892m) and Armenia Insurance (1.182m).

All six companies paid out 8.8 billion AMD in settlement payments in 2015. Read the full story ARMENIA: Vehicle Owners Paid USD 36.3 Million for Insurance in 2015
2483 views
Share |