As the priorities of people differ, they prefer to insure for something that is of utmost importance at a given point. As an addition, people have different fears and superstitions. For example...

The mining industry is one of the most significant contributors to Armenian GDP and exports. It’s a pivotal contributor to the economy. Over half of Armenia's mineral resources exports were accounted for ore concentrates and metals, solidifying...

Despite insurance traditionally being one of the main pillars of financial markets, in Armenia it appears to be only in its developing stage, leaving banking system to be an undisputed leader in the sector. Insurance market in Armenia started developing in...

The commencement of 2020 coincided with the first wave of Covid-19. While the world dived into deficits or repressions and some industries were on the verge of collapse, the financial system endured and even...

Central Bank of Armenia’s pilot program of agricultural insurance commenced in 2019. Prior to that, nothing alike ever existed in Armenia, as the premiums required were too high for the farmers, possible ample claims were not admissible for the...