Armenian Insurance Industry Performance: Q1 2021
Having 2020 in the rear-view mirror, the overall expectations toward the future significantly improve. The global pandemic, despite starting a year earlier, came in full effect in 2020...
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Having 2020 in the rear-view mirror, the overall expectations toward the future significantly improve. The global pandemic, despite starting a year earlier, came in full effect in 2020...
To say that 2020 was a challenging year, is nothing but underwhelming. Across countries and industries, everyone felt the difficulties of the year. Certainly, the biggest hit for the people was the pandemic, which took millions of lives. Others, lucky to survive the disease, were left to face the economic…
Insurance is an integral part of any economy. While sometimes its economic importance is somewhat hidden and hardly comprehensible by the masses, it guarantees...
Performance evaluation of financial institutions substantially differs from one of other traditional entities. To reformulate both the inputs and outputs of these firms are capital, hence, their financial...
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...
The first 9 months of 2020 were full of challenges not only for the people but also for businesses. Each entity was forced to reevaluate their entire routines, and develop a system that would satisfy today’s shifted...
So far, 2020 is a rather challenging year both for the businesses and for people in general. The year kickstarted with a spread of global pandemics that stressed every aspect of human life...
While Covid-19 froze almost everyone’s travel plans, leaving them with limited options for their vacations or business trips, Berkshire Hathaway Inc. undertook an ambitious initiative of unveiling travel insurance...
Cargo insurance is the protection of freight from physical damage or theft; in other words, it is preserving the value of goods during transportation. In this age of globalization, companies rely on...
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...