ARMENIA takes steps toward entering into the Green Card System

4 February 2016 — Olesea ADONEV
Armenia intends to become a member of the Green Card International Motor Insurance System, said Vahan AVETISYAN, Executive Director of the Armenian Motor Insurers Bureau, according to ArmBanks website.

According to the official representative, on December 2015 Armenian Motor Insurers Bureau applied for joining to Green Card system.

At the end of the previous year, the number of insured vehicles has grown to 457,878. At the same time, during the five years the number of MTPL contracts increased from 25,313 in 2011 (when MTPL was introduced) to 41,203 in 2015.

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