In Armenia`s insurance market premiums started to decrease and compensations are losing their growth
Wednesday, February 19 2025,
ArmInfo.In the insurance market of Armenia in 2024, premiums began to decrease, and compensations started to lose growth, leading to a decline in profits. This is evidenced by data from the Financial Rating of Insurance Companies of Armenia as of 31.12.2024, prepared by ArmInfo IC based on published financial reports and missing indicators requested from the insurance companies. |
Wednesday, February 19 2025,
ArmInfo. In 2024, foreign citizens made 3,892 real estate purchase and sale transactions, accounting for 6.7% of the total volume of transactions. According to data from the State Committee of Real Estate Cadastre of the Republic of Armenia, the volume of transactions by foreigners decreased by 13.1% compared to the previous year. The most active buyers and sellers of real estate in Armenia are citizens of the Russian Federation, the USA, Iran, several European countries and the CIS. |
Wednesday, February 19 2025,
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Wednesday, February 19 2025,
ArmInfo.The acquisition of the Moscow Shopping Mall "Metropolis" by the Armenian company Balchug Capital for $700 million in 2023 has become one of the largest investments in the Eurasian region. This is stated in the latest report from the Eurasian Bank (EDB) "Monitoring of Mutual Investments of the EDB - 2024. Eurasian Region". |
Wednesday, February 19 2025,
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Wednesday, February 19 2025,
ArmInfo. By implementing universal income declaration, the Armenian authorities are addressing several problems - they streamline the work of law enforcement officers and provide the government with complete oversight of citizens' cash flows, as stated by David Ananyan, PhD in Economics, Director of DSA and former head of the State Revenue Committee of Armenia, in an interview with an ArmInfo correspondent. |
Wednesday, February 19 2025,
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Wednesday, February 19 2025,
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Wednesday, February 19 2025,
ArmInfo. On February 19, RA Deputy Prime Minister Tigran Khachatryan held a meeting with Regional Director of the European Bank for Reconstruction and Development Alkis Drakinos. The meeting was also attended by the head of the EBRD office in Armenia, Georgi Akhalkatsi, the press service of the RA government reported. |
Wednesday, February 19 2025,
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Wednesday, February 19 2025,
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Tuesday, February 18 2025,
ArmInfo.Zangezur Copper and Molybdenum Combine (ZCMC) has started implementing a new payroll system for production employees. According to ZCMC's Administrative Director Zara Sianozova, this decision was made because the production segment is the main part of the combine, with a workforce of around 2,800 people. |
Tuesday, February 18 2025,
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Tuesday, February 18 2025,
ArmInfo.The Russian-Ukrainian war has radically changed the economic landscape of Armenia. In 2022, there was a significant increase in money and capital flowing in the country. However, in 2024, there was not only a decrease in this influx, but also an outflow, which poses a serious threat to the stability of the banking system. This is stated in the economic analysis done by Aghasi Tavadyan, an expert at the Amberd Research Center and the founder of the analytical portal tvyal.com |
Tuesday, February 18 2025,
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Tuesday, February 18 2025,
ArmInfo. The Ministry of Economy of Armenia, which oversees the country's agricultural sector, proposes to fully subsidize the insurance premium for the 2025 agricultural year at the expense of government funds as part of the program for the introduction of agricultural insurance, as well as to provide agricultural entrepreneurs with a subsidy of up to 80% (inclusive) of the insurance premium stipulated by the insurance contract. The initiative is posted on the single portal of legal acts. |
Tuesday, February 18 2025,
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Tuesday, February 18 2025,
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Tuesday, February 18 2025,
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