EFES ICJSC 2024 4Q Financial Performance Summary/Review
EFES Insurance Company, which entered the market in July 2023, achieved high growth rates in 2024, establishing itself as the leader in the voluntary insurance market...
EFES Insurance Introduces New International Cancer Insurance Product: EFES Oncocare
EFES Insurance introduces EFES Oncocare, a new insurance product designed for individuals, families, and businesses...
Types of Reinsurance Policies: The most important aspects you certainly need to know
You could ask “Why to reinsure at all?”. In essence, insurers decide by themselves which risks are to be reinsured. Moreover․․․
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...