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...
Insurers: FM Global
FM Global (legal name – Factory Mutuals Insurance Company) is a USA based international property insurance and loss prevention engineering company. Established nearly two centuries ago, FM Global is a Mutuals insurance company whose capital...
Insurers: Lloyd’s of London
Lloyd’s of London is an insurance market, which consists of different parties, all of which together combine to provide clients with specialized insurance coverages. In the market, the insurance companies operate as syndicates, each of which is specialized...
Armenian Insurance Industry Performance: Q1-Q3 2020
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...
CMTPL in 2020: Review of Main Trends During the First 9 Months of 2020
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...