Insurance services tariff raise expected in 2009February 16, 2009 - 19:14 AMT PanARMENIAN.Net - Insurance services tariffs raise is expected in Armenia, INGO ARMENIA Insurance Company Director said."The quality of services and qualification of insurance specialists improves day by day in the developing market, what results in tariff raise both for insurance and reinsurance," Levon Altunyan told PanARMENIAN.Net Giving his assessment of the Armenian social insurance market, Altunyan noted that average market capacity growth of 20 percent was registered. "INGO ARMENIA share on the insurance market totals 25-27 percent, today that would equal AMD 8-10 billion. Insurance specialists forecast a considerable market capacity growth. CB-created Law on Obligatory Insurance will result in 50 percent growth of insurance market within 2 years," Altunyan said. "Thus, it will be necessary to improve the quality security services to investigate falsified insurance deals and contracts," he added. 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 | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |