Over 80% of vehicles in Armenia expected to be insured till yearendNovember 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |