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Insurance premiums in Armenia totalled AMD 23bn in the first quarter of 2024.

07.06.2024, 12:58
The volume of insurance premiums collected by 8 insurance companies in Armenia in the first quarter of 2024 made more than AMD 23 billion, the National Statistical Committee reports.
Insurance premiums in Armenia totalled AMD 23bn in the first quarter of 2024.
YEREVAN, 7 June. /ARKA/. The volume of insurance premiums collected by 8 insurance companies in Armenia in the first quarter of 2024 made more than AMD 23 billion, the National Statistical Committee reports. 
In 2023, AMD 73.3 billion were collected. More than AMD 9.5 billion was collected as personal insurance premiums, more than AMD 5.8 billion as property insurance premiums, liability insurance premiums amounted to AMD 333 million, compulsory insurance of liability arising from the use of land vehicles – to about AMD 7 billion, other types of insurance premiums amounted to AMD 363.3 million. 
The volume of insurance payments during the reporting period totalled 10.2 billion drams (37.4 billion drams in 2023). 
Out of this volume 3,478.3 million drams were paid out for personal insurance, 1,333.2 million drams - for property insurance, 5.8 million drams - for liability insurance, 5,327.6 million drams - for compulsory insurance of liability arising from the use of land vehicles. ($1 - 387.65 drams) -0-.