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...

Armenia’s CMTPL system is proud 10 years old. Back in 2010, CBA introduced mandatory insurance of third party liability risen from employment of motor vehicles. It was aimed at solving a social problem․․․

Covid-19 is expected to cause much more insurance losses than world-renowned catastrophes such as 2005 hurricanes, 9/11 bombing, 2011 Tohoku Earthquakes and Tsunami. As of the commencement...