  Over 80% of vehicles in Armenia expected to be insured till yearend November 19, 2010 - 16:55 AMT PanARMENIAN.Net - As of today, approx. 10% of drivers acquired compulsory vehicle insurance policies, executive director of the Association of Armenian Insurance Market Participants Andranik Ohanjanyan stated. “Over 80% of the vehicles in Armenia are expected to be insured till yearend. Car insurance is available at 8 out of 9 insurance companies operating in Armenia.” Ohanjanyan forecasted AMD 13 to 14 billion increase in insurance premiums in case of 100% sale of mandatory vehicle insurance policies. The volume of insurance companies’ premium grossed AMD 6,6 of September 30, 2010.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
