10 Business Associations of Armenia You Need to Know
Business associations bring together business owners to provide benefits to them, help in their business programs. The members of...
Life Insurance: A Yet Undiscovered Domain for the Armenian Insurance Market
The primary purpose of life insurance is guaranteeing to compensate a fixed financial entirety to a person or a family on the tragic occasion of their income...
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...
6 days at Suez: Insurance complications of Ever Given’s grounding
On March 23, while casually passing through the canal of Suez, an ultra large container ship of Ever Given was grounded, seizing both ways the traffic for 6 days that is halting 10 bln USD worth of marine traffic...
Armenian Insurance Industry Performance: 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…
Use of affordability indexes in insurance
Insurance is an integral part of any economy. While sometimes its economic importance is somewhat hidden and hardly comprehensible by the masses, it guarantees...
The Weirdest Insurance Cases
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...
Insurance Firm Performance Assessment
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...
Cyber Insurance: Data Breach Scandals or Lessons to Be Taken
In this new era of globalization, where in the blink of an eye new trends emerge, reach a peak and die off, people face major difficulties in navigating the confidentiality of their personal information...
Mining Sector in Armenia
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...